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Ibovespa closes higher with Petrobras after volatile day; investors await election
InfoMoney·BR·about 11 hours ago
Brazil's Vice President Geraldo Alckmin publicly defended a natural gas release measure as 'essential' for the steel industry, despite Petrobras' opposition. The move signals a policy rift within the government over energy pricing and industrial competitiveness. The outcome remains uncertain as Petrobras resists, but Alckmin's stance suggests potential government pressure on the state-controlled company.
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