Data released by the Central Bank of Venezuela show that the country’s oil-related export revenues rose to 5.49 billion dollars in the first quarter of 2026.
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As one of the world's major oil reserve countries, changes in the revenue of Venezuela's oil industry have a crucial impact on its domestic fiscal operations, social welfare, and economic recovery process. The recent increase in export income will also provide corresponding financial support for the development of relevant sectors in the country.
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