All comes down to recommendations and how much you have.
If you have the money, both are a great piece of mind to be done. And I believe most people would tell you to do them.
Any fuel sitting in the oil may have caused degradation. Personally, I have reused a timing belt after sitting for 2 years whilst getting a rebuild. Didn't have any issues.
Id probably dump the oil, fill with fresh, and get on your way.
But, keep in mind, I'm just some guy on the internet.
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