What if the Caldas corvette crisis escalates into a war between Colombia and Venezuela?

To put you in context, it was a diplomatic crisis that occurred between August 9 and 18, 1987, between Venezuela and Colombia as a result of the incursion of a Colombian corvette in waters not delimited between both countries. Although the crisis was finally resolved thanks to the intervention of the OAS and Argentine President Raúl Alfonsín, what would have happened if the situation escalated into open war? The possibility was in the air since the Armed Forces of Venezuela had begun their mobilization towards the border and the Colombian Military High Command saw it as a highly probable conflict hypothesis. How would the conflict unfold? How would it alter relations between the two countries in the long run? How would a war affect the internal politics of Colombia and Venezuela?
 
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