The Minas Gerais Fuel Retail Trade Union, known as Minaspetro, has announced that the recent war in the Middle East is leading to supply restrictions and price increases for fuel across Minas Gerais state. This situation arises from the blockade of the Strait of Hormuz by the Iranian Revolutionary Guard, following attacks on Iranian territory by the United States and Israel, which has significant implications for the global oil market. Given that the strait is a critical route for approximately one-fifth of the world’s traded oil, these developments are likely to affect fuel availability and pricing not only in Brazil but around the world.

According to Minaspetro, local gas station owners have reported that Vibra, a subsidiary of Petrobras and the country's largest fuel distributor, is currently limiting supply of ethanol, gasoline, and diesel. This restriction has been triggered by the disruptions in the international oil market and is expected to have immediate effects on consumers, such as increased fuel prices and a potential shortage of available products at fuel stations in the region.

In response to these price increases, the National Consumer Secretary (Senacon) has directed the Administrative Council for Economic Defense (Cade) to initiate an investigation into the recent spikes in fuel prices at local stations. The inquiry illustrates the government's concern over consumer protection during this tumultuous period, as rising prices due to international events place additional strain on local economies and households already facing various challenges.