Diesel: Government Is Under Pressure to Renew Subsidy - 24/10/2026
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While the Hormuz crisis re-emerges the ghost of inflation, Petrobras sells diesel below cost for electoral reasons. That's why this "friction" is the most important variable for investors in Brazil. The article The problem of diesel that can break Brazil: Petrobras, the fiscal framework and the Brazilian elections comes from Economic Scenarios.
The new oil price escalation now in the midst of the fighting in Saudi Arabia pressure the government of Brazil... The post Oil price escalation in the world pressure government to maintain diesel subsidy appeared first in Bem Paraná.
The recent escalation of the oil price in the midst of the fighting in Saudi Arabia pressure the government to renew the subsidy of R$ 2,12 per litre to diesel that wins on Monday (26), the day following the second round of the presidential election. Read more (10/24/2026)
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