Caracas: Venezuela's oil production topped 1.23 million barrels per day, the highest level since February 2019, the country's interim president, Delcy Rodriguez, said. "In the midst of the emergency, our oil production has not stopped. Today, it exceeds 1,230,000 barrels per day, the highest level since February 2019," Rodriguez said in an address to the nation broadcast on state television.

According to Emirates News Agency, this increase in oil production marks a significant milestone for Venezuela as it navigates economic and political challenges. The rise in output comes amid ongoing efforts to stabilize the country's economy, heavily reliant on oil exports. The announcement was made during a national broadcast, emphasizing the importance of the oil sector to the country's recovery strategy.

The increase in production is seen as a positive indicator for the nation's economy, which has faced numerous hurdles over recent years. The government has been working to improve infrastructure and secure investments in the oil industry, aiming to maximize the potential of one of the world's largest oil reserves. As Venezuela continues to grapple with domestic and international pressures, the boost in oil output provides a glimmer of hope for economic stabilization.