Brazil & Petroleum
10 shared events · Importance 6 · Last updated Apr 27, 2026
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International
Brazil: Brazil could be impacted by the flow-on effects of disruption to the global fertilizer supply chain due to the blockade.
Petroleum: Petroleum prices have surged above $100 per barrel due to the Iran war and the closure of the Strait of Hormuz, leading to higher costs across multiple sectors.
Apr 08, 2026 · 307 articles
International
Brazil: Brazil's President Luiz Inácio Lula da Silva met with Donald Trump to discuss tariffs and trade, indicating ongoing bilateral economic relations despite broader geopolitical tensions.
Petroleum: Petroleum prices fell due to hopes of a deal to reopen the Strait of Hormuz, directly impacting global energy markets.
May 04, 2026 · 139 articles
International
Brazil: Brazil is mentioned as an independent oil producer, similar to the United Arab Emirates after its exit from OPEC.
Petroleum: The withdrawal of United Arab Emirates from OPEC could lead to increased supply of Petroleum in the medium term, potentially putting downward pressure on prices, though short-term effects are uncertain due to geopolitical tensions.
Apr 28, 2026 · 222 articles
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