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Brazil’s oil exports surge as China seeks alternatives to Iranian crude

Summary by KIFI

By Michelle Velez, CNN (CNN) — Brazilian oil production and exports have hit record highs this year, largely due to increased demand from China as the US-Iran war continues to reshape global trade and geopolitical relationships. The change highlights a global race for alternative energy sources as Middle East conflict slows oil from the region

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Brazil’s oil exports surge as China seeks alternatives to Iranian crude

Brazilian oil production and exports have hit record highs this year, largely due to increased demand from China as the US-Iran war continues to reshape global trade and geopolitical relationships.

2 hours ago·Atlanta, United States

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