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Petrobras Wins Years-Long Fight to Explore for Oil Near Amazon

Admin October 20, 2025
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Brazil’s state-controlled energy company received approval to explore for oil near the mouth of the Amazon River, capping a yearslong standoff with environmental regulators over access to a basin thought to hold vast amounts of crude.

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  • India, U.S. near trade deal with major tariff cuts, reduced Russian oil purchases
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