Maduro warns of US oil-driven military threats as Venezuela’s PDVSA turns to cryptocurrencies to keep revenue flowing under sanctions. Maduro warns of US oil-driven military threats as Venezuela’s PDVSA turns to cryptocurrencies to keep revenue flowing under sanctions. By contrast, Venezuelan state oil company PDVSA reported an output of 1.098 million bpd for last month, up 14,000 bpd from July. Venezuela’s oil exports likewise continue an upward trajectory, reaching 966,458 bpd in August, the highest level since November 2024 and marking a nine-month increase. It isn’t about drug trafficking; it’s about oil,” Maduro said during an interview with former Ecuadorian President Rafael Correa.