Brazil's Planning Minister says to phase out subsidy for diesel more slowly than for gasoline; to meet 2026 fiscal target without the need for additional measures; oil export tax may be scrapped this month or cut below 12% level

Newsquawk StaffPublished 2 Jul 2026, 18:43 UTCOn the live feed at 18:23 UTC — 1 more headline followed before this page went public

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18:46

Alberta to propose southern route for new West Coast pipeline, Globe and Mail reports, citing sources

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Con Edison (ED) shuts off power to parts of Bronx neighbourhood on hottest day of the year

18:23

Brazil's Planning Minister says to phase out subsidy for diesel more slowly than for gasoline; to meet 2026 fiscal target without the need for additional measures; oil export tax may be scrapped this month or cut below 12% level

18:19

Blackstone's (BX) QTS abandons massive data centre in Virginia

18:05

Driver charged with manslaughter after Tesla (TSLA) crashed into Texas home, killing woman inside, WSJ reports

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No significant easing in spending pressures in sight.
Dividend tax shortfall to be offset by stronger revenue elsewhere.
BRL 23.7bln budget spending block could be partially eased this month

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