Could Brazilian oil emerge as one of the big winners of the Iran war?

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Source: Al Jazeera
Published: 2026-05-25 23:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Asia, Military & Defence, Iran, Energy, Latin America, China, India, Trade & Sanctions, World News, Business & Economy, War & Conflict, Asia Pacific
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Snippet:
China and India are increasingly turning to Brazil to make up for lost oil supplies as the fallout from the US-Israel war on Iran continues to disrupt energy trade through the Strait of Hormuz.
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