Brazil court suspends oil export tax for Shell (SHEL LN), Equinor (EQNR), TotalEnergies (TTE FP) and Repsol (REP SM)
The Brazilian court's suspension of the oil export tax for major companies like Shell, Equinor, and TotalEnergies signals a significant regulatory shift that could enhance profitability for these firms and boost their competitiveness in the global market.
UAE says Iran's nuclear and military capabilities must be addressed and called for a “sustained approach” to address Iran’s full range of threats
Newsquawk Daily Asia-Pac Opening News - 9th April 2026
Brazil court suspends oil export tax for Shell (SHEL LN), Equinor (EQNR), TotalEnergies (TTE FP) and Repsol (REP SM)
IRGC claimed on Thursday that shipping through the Strait of Hormuz slowed sharply and then stopped following what it said was an Israeli ceasefire violation in Lebanon, according to CNN
World Bank forecasts global growth for 2027 at 2.4%, while it says investment remains subdued as firms await clearer signals on the external environment and domestic policy, which it called a binding constraint on growth
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This development may positively impact their stock prices and provide some relief to the broader energy sector amidst ongoing commodity price fluctuations.
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