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The Economic Times

Economy / The Economic Times

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Venezuela's oil exports jump to highest since 2018, with more sales to US, India

Venezuelas oil exports rose 14% to 1.23 million barrels per day in April, the highest in over seven years, driven by increased sales to the US, India and Europe. The surge follows a US-Venezuela supply deal and eased sanctions, which helped boost output and clear inventories.

1 May 2026 9:35 pm