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.

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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.

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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.

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International

White House says Cuba policy unchanged despite sanctioned fuel shipment

The White House said Monday that it has not changed its policy toward Cuba, despite allowing a sanctioned Russian oil tanker to deliver fuel to the island on humanitarian grounds.

U.S. officials emphasized that the decision was made as an exception and does not signal a broader shift in policy.

The administration added that similar decisions would be evaluated on a case-by-case basis, depending on humanitarian considerations.

The clarification comes amid ongoing restrictions related to U.S. sanctions policy, which continue to limit trade and financial flows involving Cuba.

International

Spain to grant citizenship to Venezuelan opposition leader Leopoldo López

The Spanish government is expected to grant citizenship this Tuesday to Venezuelan opposition leader Leopoldo Lópezthrough an extraordinary procedure known as “carta de naturaleza.”

The decision will be approved by royal decree, an exceptional legal mechanism used in special cases that require expedited resolution due to specific circumstances.

López has been living in Madrid since 2020, after leaving Venezuela following a prolonged political and legal conflict with the government of Nicolás Maduro.

According to government sources, López currently does not have a valid Venezuelan passport and faces difficulties in having his nationality fully recognized in his home country.

As a result, he applied for Spanish citizenship via a fast-track process at the end of 2025, after previously attempting to obtain it through regular procedures.

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The Spanish government justified the move based on López’s international relevance and foreign policy considerations.

López is the leader of the Voluntad Popular party and co-founder of the World Liberty Congress, an initiative launched in 2022 alongside figures such as Garry Kasparov and Masih Alinejad.

International

ICE to remain at airports amid DHS shutdown, Homan says

The U.S. “border czar,” Tom Homan, said Sunday that agents from U.S. Immigration and Customs Enforcement (ICE) will remain deployed at airports until operations return to “100% normal,” as the shutdown of the Department of Homeland Security (DHS) continues.

“We will maintain ICE presence until airports feel they are fully back to normal operations,” Homan said during an interview on Face the Nation on CBS.

Homan justified the deployment on security grounds, noting that the measure was ordered by President Donald Trumpamid widespread absenteeism among agents of the Transportation Security Administration, who have gone without pay for over six weeks due to the DHS shutdown.

According to acting TSA administrator Ha Nguyen McNeill, at least 460 TSA agents have resigned during the shutdown, while daily absenteeism has averaged 11%, exceeding 50% at some airports.

Homan warned that if TSA staffing levels do not recover after the shutdown, ICE agents will continue filling the gap. “ICE is there to support our TSA brothers and sisters. We will remain as long as needed to ensure airport security,” he said.

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The DHS shutdown reached 44 days on Sunday, making it the longest government shutdown in U.S. history. The impasse stems from disagreements between Democrats and Republicans over ICE funding.

A recent bipartisan Senate proposal to fund DHS without including ICE failed after being blocked by House Republicans, who insist on full funding for the agency.

Amid the deadlock, Trump signed an executive order directing Homeland Security Secretary Markwayne Mullin to immediately pay TSA agents to address what he called an “emergency situation” and restore order at airports, with payments expected to begin Monday.