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Brazil’s oil exports surge as China seeks alternatives to Iranian crude

Brazil’s crude output rose 19% in June as oil exports to China more than doubled to $15.1 billion, the Brazil-China Business Council said.

Summary by KVIA
By Michelle Velez, CNN (CNN) — Brazilian oil production and exports have hit record highs this year, largely due to increased demand from China as the US-Iran war continues to reshape global trade and geopolitical relationships.The change highlights a global race for alternative energy sources as Middle East conflict slows oil from the region –

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Brazil’s oil exports surge as China seeks alternatives to Iranian crude

Brazilian oil production and exports have hit record highs this year, largely due to increased demand from China as the US-Iran war continues to reshape global trade and geopolitical relationships.

·Atlanta, United States
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KIFI broke the news in Idaho Falls, United States on Tuesday, September 8, 2026.
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