Oil prices rose sharply on Monday (9) amid the conflict between the United States and Israel against Iran. Since the attacks began, the price of a barrel of WTI has increased by 70%, something never recorded over such a short period.
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Qatar’s Minister of State for Energy Affairs Saad bin Sherida Al Kaabi said the conflict could force Gulf states to stop producing and supplying energy within days.
Data from February, which still do not reflect the US–Israel war with Iran, show the UAE and Saudi Arabia among the top importers of Brazilian chicken.
In phone calls with ministers from countries affected by the conflict, Mauro Vieira discussed the situation of Brazilians, who may obtain emergency transit visas in Saudi Arabia.
Federal decree establishes rules that may be applied when imports from a country with which Brazil has a trade agreement cause serious harm to domestic industry.
Industry group ABPA says companies and the government are acting to guarantee deliveries to Arab ports despite the conflict, maintaining supply.
In the fourth quarter, the economy grew 0.1% compared to the third quarter, statistics office IBGE said.
Mauro Vieira discussed the Middle East conflict, flight suspensions affecting Brazilians in the UAE, and the country’s Mercosur negotiations with Abdullah bin Zayed Al Nahyan.
The Organization of the Petroleum Exporting Countries made the decision after oil exports through the Strait of Hormuz, a tanker route, were halted due to the conflict in the Middle East.
Brazil’s monetary council approved changes that relax deadlines, reduce requirements, and expand the scope of the Financing Exports Program.
A period of fasting, but also of celebrations and donations, the holy month of Islam sees an increase in money transfers sent by foreign workers in Qatar to their home countries.
Hitachi Energy’s Guarulhos unit will deliver 14 units by September, to be used in a city being built by the Arab country.
An International Monetary Fund staff team was in Damascus from February 15 to 19 to meet with local authorities.
The animals will be used for slaughter and must be delivered to Algerian ports by May 20.
