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Brazil Extends 12% Crude Export Tax; Oil Majors Prepare Legal War

Brazil’s administrative extension of its 12% crude export tax bypasses Congress, triggering legal threats from oil majors and elevating regulatory risk.

By Eleanor Shaw

Published
Brazil Extends 12% Crude Export Tax; Oil Majors Prepare Legal War
Illustration generated by AI (Imagen) — BRZ.news

Brazil’s administrative extension of its 12% crude export tax bypasses Congress, triggering legal threats from oil majors and elevating regulatory risk.

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