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Cryptopolitan 2023-05-18 14:37:08

Brazil breaks gas price tie to US dollar – Details

In a seismic move reshaping the oil industry landscape, Brazil’s state-owned oil company, Petrobras, has unveiled a groundbreaking shift away from dollar-based fuel pricing, according to an announcement made by Brazilian President Luiz Inacio ‘Lula’ da Silva. This revolutionary move, called “Brazilianization,” will see the company set its internal fuel pricing structure independent of US ... Read more

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