International
Brazil’s Petrobras hikes prices, ignoring Bolsonaro
AFP
Brazilian state-run oil company Petrobras announced hefty increases in gasoline and diesel prices Thursday in response to the Ukraine crisis, ignoring President Jair Bolsonaro’s criticism of what he calls excessive prices.
Petrobras said it would raise the price of gasoline from its refineries by 18.8 percent and diesel by 24.9 percent from Friday, citing the “worldwide surge in the prices of oil and oil derivatives as a result of the war between Russia and Ukraine.”
The company said the move was in line with increases by other fuel suppliers, and emphasized that it had not raised prices in nearly two months.
But the move will likely irk the far-right president, who has been trying to rein in surging fuel prices and inflation more broadly, phenomena which are hurting his popularity as he gears up to seek reelection in October.
Bolsonaro, who regularly criticizes Petrobras for high prices, said Monday the company’s policy of parity with international prices “cannot continue.”
Petrobras shares dove more than seven percent following the comment.
That echoed a stock plunge of more than 20 percent just over a year ago, when Bolsonaro changed Petrobras’s chief executive after saying the company should not be constantly “surprising people” with price increases.
Bolsonaro is pushing for Congress to pass legislation to bring fuel prices down, though experts say the short-term impact would be minimal.
He is also reportedly looking at decreeing emergency subsidies to lower prices.
Both measures are unpopular with fiscal conservatives.
Surging prices in Brazil, where the annual inflation rate stands at 10.38 percent, are a weak spot for Bolsonaro as he eyes a tough reelection battle in seven months, likely against leftist ex-president Luiz Inacio Lula da Silva.
The international oil market has been rocked by volatility since Russia invaded Ukraine two weeks ago.
The Brent crude price hit a peak of $139 a barrel Monday, a 14-year high, before falling to around $116 Thursday.
International
Former Trump allies call for removal, cite 25th Amendment amid Iran threats
International
Trump pauses strikes on Iran, extends ultimatum by two weeks
The president of the United States, Donald Trump, announced a temporary suspension of attacks against Iran for a period of two weeks, extending the ultimatum he had imposed on Tehran just hours before its deadline.
According to the president, the measure is conditional on Iran allowing the “full, immediate, and secure” reopening of the Strait of Hormuz. Trump stated that the decision would involve a reciprocal ceasefire between both parties.
The announcement was made through a message on his social media platform, where he emphasized that the pause in military actions is intended to create space for de-escalation in the region.
He also noted that the decision followed a conversation with the prime minister of Pakistan, Shehbaz Sharif, who requested a two-week extension of the ultimatum.
The move comes amid heightened global tensions, marked by escalating threats and concerns over the potential impact of the conflict on key international energy trade routes.
International
WHO worker killed as Israeli forces fire on Gaza medical convoy
An employee of the World Health Organization (WHO) was killed on Monday in Gaza Strip after Israeli forces opened fire on a medical convoy transporting patients for evacuation, according to witnesses and official accounts.
The Israel Defense Forces (IDF) said the vehicle approached troops in a “threatening manner,” alleging that the driver accelerated toward soldiers despite warning shots. “The troops fired warning shots. The vehicle continued advancing, and additional fire was directed at it,” the military said in a statement.
The army also claimed the vehicle lacked clear markings and was therefore treated as a potential threat.
However, survivors disputed that account. Raed Aslan, a passenger in the convoy, told reporters in Khan Younis that the vehicles were clearly marked with WHO insignia. “The vehicle was clearly identified as belonging to the WHO,” he said, adding that an Israeli tank blocked the road and fired at the driver despite the route being empty.
The convoy was transporting patients to the Rafah crossing, the only exit point available for medical evacuations abroad, as Israel does not permit transfers to Jerusalem or the West Bank.
The incident adds to a series of controversial cases involving Israeli military actions against humanitarian convoys. In April 2024, seven workers from World Central Kitchen were killed in an Israeli strike in Deir al-Balah. The military initially cited a “misidentification,” despite the vehicles being clearly marked.
Similarly, in March 2025, 15 paramedics, rescuers, and a UN worker were killed near Rafah. Israeli authorities first claimed emergency lights were off, but video evidence later contradicted that assertion.
A subsequent investigation by organizations including Forensic Architecture found that Israeli forces fired hundreds of rounds at the convoy, and that the vehicles were later destroyed and buried along with the bodies before being recovered days later.
The latest incident is likely to intensify scrutiny over the conduct of military operations in Gaza, particularly regarding the safety of humanitarian personnel and medical evacuations.
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