"There is certainly a steady drop in Venezuelan oil exports, partly that reflects the blackout, but even if you take the blackout out of it there is a very steady drop of maybe 50,000 barrels a month in production," Abrams told reporters.
Venezuela is currently producing about 1 million barrels a day, but the country's production levels are expected to drop below that level in about a month or two, Abrams said. However, he stressed that US sanctions had nothing to do with Venezuela's oil production dropping from 3 million barrels a day to 1 million.
The confrontation between the United States and Venezuela escalated this year, when on January 23, speaker of the opposition-led National Assembly Juan Guaido declared himself the country's acting president, gaining the immediate backing of the United States, as well as its allies around the world.
Russia China, Mexico, Turkey and several other countries continue to recognize President Maduro as Venezuela’s legitimate leader.