- Guyana’s oil boom has accelerated after the Iran war pushed prices up — output tops ~900,000 bpd and GDP has roughly quadrupled since 2019, meaning potentially billions more in revenue.
- Georgetown is rapidly modernizing with new offices, hotels and homes, but everyday problems remain — open sewers, power outages and higher pump prices are hitting residents.
- The government is trying to steer the windfall with a sovereign wealth fund and tougher local‑content rules — and Guyana’s share of profit oil could jump sharply once Exxon recoups its costs.
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