Brazil votes to increase ethanol blend into gasoline to 32%
Brazil's decision to increase the ethanol blend in gasoline to 32% could enhance energy independence and bolster the country's agricultural sector, particularly in the sugarcane industry.
US President Trump says Iran wants to talks and see if they can make a deal, US officials negotiating with Iran are dealing with the people who are in charge now; Iran plans to make an offer aimed at resolving US demands, according to Reuters
Israeli Broadcasting Authority, citing sources: Iran Foreign Minister Araghchi is dissatisfied with the progress of negotiations with Washington, via Al Hadath
Brazil votes to increase ethanol blend into gasoline to 32%
The Iranian Foreign Minister Has arrived in Islamabad, via Anas Mallick
US issues general license authorising wind down of transactions involving Hengli petrochemical (Dalian) refinery
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However, this move may raise global ethanol demand, potentially influencing pricing in the commodities market and affecting energy markets more broadly. Traders should monitor how this impacts crude oil prices and the dynamics in the ethanol supply chain.
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