EconomyGuyana’s oil boom and challenges

President Mohamed Irfaan Ali says Guyana’s oil revenues have risen sharply as the Iran conflict disrupts global energy supplies and lifts crude prices. While major discoveries have transformed the country, inflation and living costs remain high. Ali says his government is diversifying the economy to avoid dependence on oil wealth.

Guyanaoil revenueeconomic diversificationIran conflict

AAl Jazeera★★★☆☆2026-09-13 19:55Original