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Brazil’s Mines and Energy Minister Adolfo Sachsida appeared before a joint session of multiple House committees this Tuesday. He had been invited to explain the country’s ongoing rise in fuel prices — gasoline at the pump has gotten 27 percent more expensive in the past year, while diesel prices have surged by over 50 percent.
Mr. Sachsida’s appearance in the House came amid renewed turbulence at Petrobras, Brazil’s mastodonic, state-controlled oil and gas firm — upon which the government has laid the blame for high fuel prices. After Petrobras announced a new price hike for gasoline and diesel last…
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