Brazil's Petrobras is considering redirecting its oil supplies intended for the United States to Asia, stating that the US is not a necessary market.

date
20/07/2025
Magda Chambriard, CEO of Brazilian oil company Petrobras, stated that due to the tariff threats from U.S. President Trump towards Brazil, the company may reconsider its oil sales target from the United States to Asian customers, thereby increasing supply to the Asia-Pacific market. For the company, the United States is not a necessary market.