Exclusive: Petrobras may redirect oil to Asia due to US tariff on Brazil, CEO says

(Reuters) - Brazilian state-run oil firm Petrobras may redirect the oil it sells to the United States, sending more to Asia and Pacific markets due to higher tariffs the U.S. announced on Brazil, its chief executive told Reuters on Thursday. Although oil and gas exports make up a hefty share of Brazil's exports to the United... Continue Reading →

July 17, 2025 0

Brazilian oil could find new destinations in the face of Trump’s tariffs

(Reuters) - Brazil has logistical and commercial flexibility to preserve the competitiveness of its oil on the international market if the 50% tariff announced by U.S. President Donald Trump on Wednesday comes into effect on August 1, experts told Reuters. Oil is the main product on Brazil's export list to the U.S. and until now was exempt... Continue Reading →

July 10, 2025 0

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Exclusive: Petrobras may redirect oil to Asia due to US tariff on Brazil, CEO says

Brazilian oil could find new destinations in the face of Trump’s tariffs

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