BUSINESSJul 9 · 11:20 UTCTHE RIO TIMESArkady Petrov

Brazil Votes $4.8bn for an Oil Shock It Thought Was Ending

Brazil allocated $4.8bn through two bills (MP 1344/2026 and MP 1345/2026) to address an ongoing oil shock, using funds from the 2025 financial surplus. The lower house approved a R$10bn ($1.94bn) diesel bill, while the Senate passed a R$15bn ($2.91bn) export bill.

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BrazilplaceMP 1344/2026topicMP 1345/2026topic2025 financial surplustopicoil shocktopicThe Rio Timesorganization

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