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![chigrl Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::20253024.png) Tracy Shuchart (𝒞𝒽𝒾 ) [@chigrl](/creator/twitter/chigrl) on x 322.2K followers
Created: 2025-07-17 14:43:23 UTC

$PBR Petrobras may redirect oil to Asia due to US tariff on Brazil, CEO says

Brazilian state-run oil firm Petrobras may redirect the oil it sells to the United States, sending more to Asia and Pacific markets due to higher tariffs the U.S. announced on Brazil, its chief executive told Reuters on Thursday.

Although oil and gas exports make up a hefty share of Brazil's exports to the United States, Petrobras CEO Magda Chambriard said it is not an essential market for the firm.

Chambriard's remarks come amid uncertainty in Brazil over whether the new round of tariffs, due to take effect on August 1, would impact oil. The commodity had been exempt from Trump's previous XX% tariffs. (Reuters)


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