Brazil's Silveira Assures No Fuel Shortages, Condemns Market Speculation

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Brazil's Silveira Rules Out Fuel Shortages, Slams Market Speculation

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News18•12-03-2026, 18:15

Brazil's Silveira Rules Out Fuel Shortages, Slams Market Speculation

•Minister Alexandre Silveira assures Brazil faces no fuel shortages despite West Asia tensions.
•Country has sufficient supply of gasoline, diesel, and petroleum products.
•Silveira warns against "criminal speculation" by distributors, promises intensified inspections and enforcement.
•Government aims to prevent unjustified price hikes and may involve Federal Police.
•Minister criticizes privatization of BR Distribuidora, seeks Petrobras's return to fuel distribution.

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