Oil companies say they are still assessing the impacts of oil export tax
Brazil's oil companies are evaluating the effects of a new 12% export tax on oil imposed by the government to address rising fuel prices amid the Iran conflict.
Government estimates the impact of the diesel package at R$ 30 billion and will compensate with an export tax
The Brazilian government announced a diesel price reduction package that will cost approximately R$ 30 billion, financed by a temporary 12% export tax on oil.
Government estimates the impact of the diesel package at R$ 30 billion and plans to compensate with export tax
The Brazilian government anticipates that recent measures to mitigate fuel price effects due to the Middle East conflict will cost R$ 30 billion, funded by a temporary 12% export tax on oil.
Lula announces that the government will not tax diesel and will tax oil exports
Brazil's President Lula has announced the suspension of taxes on diesel fuel in response to rising oil prices and the potential fuel shortage, while also introducing higher export taxes on oil.