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Brazil’s 50-Year Ethanol Bet Pays Off as Iran War Roils Global Fuel Markets
The Rio Times

Brazil’s 50-Year Ethanol Bet Pays Off as Iran War Roils Global Fuel Markets

Key Points — Brazil’s gasoline prices rose only 5% in March versus 30% in the United States, largely due to the country’s decades-old sugarcane ethanol infrastructure — This year’s harvest is expected to produce a record 30 billion liters of ethanol — the 4 billion liter increase alone equals Brazil’s total gasoline imports last year […] The post Brazil’s 50-Year Ethanol Bet Pays Off as Iran War Roils Global Fuel Markets appeared first on The Rio Times .

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