Brazil Congress Extends Fuel Subsidy MP, Diesel Support Through Sept 26

Brazil's Congress extended a provisional measure allocating R$ 3.3 billion for fuel subsidies, maintaining diesel subsidies of R$ 1.12 and R$ 1 per liter until September 26, with a new 30-day round. This continues an established pattern of government intervention to cap fuel prices, signaling fiscal pressure and potential inflationary implications.