BUSINESS● ELEVATED2h ago · Oct 15, 2026, 6:23 PM
China bought half of Brazil's oil exports as Iran war shut Hormuz, driving sales to record
South China Morning Post · global
Trade between Brazil and China reached a record US$143 billion in the first nine months of the year, driven by Brazilian oil sales that surged after the war on Iran disrupted Gulf supply, according to a report by the Brazil-China Business Council. Brazilian exports to China rose 12 per cent to US$84.7 billion between January and September, while imports from China grew 9.9 per cent to US$58.6 billion, the council said in its quarterly analysis of government data. The resulting US$26.1 billion...
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESS31m agoU.S. equities finished in the green after the latest PPI inflation report landedSeeking Alpha TechBUSINESS33m agoFirst Merchants Corporation 7.50% PFD SER Aprice alerts declares $0.4688 dividendSeeking Alpha Tech