Brazil to appeal court ruling suspending oil export tax, says minister

ReutersApr 9, 2026 12:45 PM

RIO DE JANEIRO, April 9 (Reuters) - Brazil's government will appeal a court ruling that suspended an oil export tax for some companies, Mines and Energy Minister Alexandre Silveira told Reuters on Thursday.

Earlier this week, a court decision said a 12% tax enacted about a month ago as oil prices spiked due to the U.S.-Israeli war on Iran, might be unconstitutional. A definitive ruling is still pending.

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