BUSINESSJun 17 · 16:34 UTCTHE RIO TIMESSofia Gabriela Martinez

Brazil Signals It Will End Fuel Subsidies if Oil Calms Near $80

Brazil will end fuel subsidies for diesel and gasoline if oil prices stabilize near $80 a barrel, according to a senior Treasury official. The decision is linked to a U.S.-Iran deal aimed at resolving the Middle East conflict and reopening shipping lanes.

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Brazilplacefuel subsidiestopicDieseltopicGasolinetopicUnited StatesplaceIranplaceMiddle East conflicttopicshipping lanestopic

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