Brazil's Finance Minister stated that while Brent crude oil prices have clearly fallen from the most intense phase of the war, they have not yet returned to pre-war levels. Starting in July, Brazil will eliminate the diesel subsidy of 0.35 reais per

2026-07-01

Brazil's Finance Minister stated that while Brent crude oil prices have clearly fallen from the most intense phase of the war, they have not yet returned to pre-war levels. Starting in July, Brazil will eliminate the diesel subsidy of 0.35 reais per liter.