Brazil Joins OPEC+ as Observer
Brazil on February 18, 2025 has joined OPEC+ as an observer, gaining a seat at global oil discussions without committing to output cuts.
- President Lula seeks a balance between energy expansion and environmental goals.
- Observer Status: No production quota obligations.
- Economic Strategy:Stabilize oil prices, expand influence.
- Green Vision: Oil profits to fund clean energy transition.
- UN Climate Summit: Brazil to host, energy policy under ....
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