MercoPress. South Atlantic News Agency
Stories for April 9th 2026
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Thursday, April 9th 2026 - 01:13 UTC
Latin America faces fertilizer vulnerability; IICA and TFI agree joint plan amid Hormuz crisis
The Inter-American Institute for Cooperation on Agriculture (IICA) and the U.S.-based Fertilizer Institute (TFI) announced a partnership to secure fertilizer supply across the Americas, amid logistical disruptions and price volatility worsened by the closure of the Strait of Hormuz due to the war between the United States, Israel and Iran.
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Thursday, April 9th 2026 - 01:08 UTC
Brazilian judge suspends 12% crude oil export tax for five international oil companies
A federal judge in Rio de Janeiro issued a preliminary injunction suspending the 12% crude oil export tax for five international companies operating in Brazil: Shell, TotalEnergies, Equinor, Repsol Sinopec and Petrogal. The ruling represents an initial court victory for the oil companies in their dispute with President Luiz Inácio Lula da Silva's government over a levy they consider unconstitutional.
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