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News 2026-07-09 19:55 UTC

Brazil Extends 12% Crude Oil Export Tax for 60 Days

() -- Brazil's government approved a 60-day extension of a 12% tax on crude oil exports, maintaining a measure introduced in March after oil prices surged following the outbreak of military actions in the Middle East, Reuters reported on Thursday. The decision by Gecex, the executive committee of the foreign trade cham