Venezuela’s foreign currency revenues—almost all of which come from crude oil sales—have plunged by 99 percent since 2014, Nicolas Maduro said , blaming most of the losses on the “persecution and criminal blockade” of Venezuela’s oil exports. “In six years of persecution and criminal blockade against Venezuela, the country lost 99 percent of its foreign currency income,” Maduro said on Twitter, sharing a graph showing that Venezuela’s foreign currency income slumped from US$56.6 billion in 2013 to just US$477 million as of September 28, 2020. The decline of 99 percent was attributed in the graphic to the drop in oil prices in that period and the ‘blockade’ of Venezuela’s oil exports. Venezuela’s exports have significantly slumped since the U.S. imposed sanctions on its crude oil exports in early 2019, essentially prohibiting U.S. refiners from buying Venezuelan crude, which was a large part of the imports of crude for U.S. […]