BUSINESSJul 23 · 08:26 UTCTHE RIO TIMESOliver Mason

Petrobras Diesel Subsidy Passes US$900 Million in 2026

Petrobras, Brazil's state-controlled oil company, received R$4.7 billion (~US$922 million) in federal diesel subsidies in 2026 to stabilize fuel prices amid global energy shocks.

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