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Brazilian imports of oil from the Arab countries fell by 15% in H1. According to EPE, the sector saw a lower demand for fuels and products related to mobility, which have been reduced to curb the spread of the coronavirus.

The Brazilian president said he reached out on the phone to Lebanon’s ambassador to Brazil, Joseph Sayah, to express his solidarity to the Arab country, where dozens of lives were claimed by a blast on Tuesday. During a public solemnity, Bolsonaro said Brazil will take action to help.

The Brazilian company made less deliveries in quarter two compared to last year and reported a net loss. The termination of negotiations for a joint venture with Boeing as well as COVID-19 affected the outcome.