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International Business Times
International Business Times
Business
Joshua Howat Berger

Lula Warns Maduro As South America Nervously Eyes Guyana-Venezuela Row

Nicolas Maduro has started legal manuevers to create a Venezuelan province in Essequibo and ordered the state oil company to issue licenses for extracting crude in the region (Credit: AFP)

Brazilian President Luiz Inacio Lula da Silva urged his counterpart Nicolas Maduro Saturday against escalating Venezuela's border row with neighboring Guyana, as South American leaders nervously monitored the deepening dispute.

Tension has soared over the oil-rich Essequibo region controlled by Guyana since Maduro's government held a controversial referendum last weekend in which 95 percent of voters supported declaring Venezuela its rightful owner, according to official results.

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