Brazil’s Petrobras Vessels To Avoid Strait of Hormuz
January 08: Amid heightened tensions between the United States and Iran, Brazil’s state-controlled oil company Petroleo Brasileiro SA has ordered its ships to avoid the Strait of Hormuz, it said in a statement.
Petrobras, as the company is known, says the decision, which was taken after consultations with Brazil’s Navy, will not affect fuel supply in Brazil.
Source: Reuters / Luciano Costa