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  • Brazilian judge suspends 12% crude oil export tax for five international oil companies
    A federal judge in Rio de Janeiro issued a preliminary injunction suspending the 12% crude oil export tax for five international companies operating in Brazil: Shell, TotalEnergies, Equinor, Repsol Sinopec and Petrogal. The ruling represents an initial court victory for the oil companies in their dispute with President Luiz InΓ‘cio Lula da Silva's government over a levy they consider unconstitutional.
     

Brazilian judge suspends 12% crude oil export tax for five international oil companies

9 April 2026 at 01:08

Judge Humberto de Vasconcelos Sampaio ruled that the sudden imposition of the 12% rate amounts in practice to the creation of a new tax burden with a β€œmerely revenue-raising” purpose A federal judge in Rio de Janeiro issued a preliminary injunction suspending the 12% crude oil export tax for five international companies operating in Brazil: Shell, TotalEnergies, Equinor, Repsol Sinopec and Petrogal. The ruling represents an initial court victory for the oil companies in their dispute with President Luiz InΓ‘cio Lula da Silva's government over a levy they consider unconstitutional.

Indonesia expands defence ties with France on back of Moscow visit

By: RFI
15 April 2026 at 11:26
Indonesia has agreed to expand defence industry cooperation with France just days after signing a major defence partnership with the United States and discussing energy ties with Russia. Jakarta made the announcement on Wednesday after a meeting between the two countries’ presidents in Paris.

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