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 –
Brazil's oil production and exports have hit record levels this year, largely due to increased demand from China, while the conflict between the US and Iran continues.