Brazil shields economy from oil shocks amid war with sugar cane biofuel

George Mihalcea

(27 Mar 2026) RESTRICTION SUMMARY: ++CLIENTS NOTE: Please use updated storyline sent at 1945GMT on March 31. The previous storyline incorrectly said that "environmentally friendly." It should have stated that biofuel emits less carbon dioxide.++ ASSOCIATED PRESS Artur Nogueira, Brazil - 24 March 2026 1. Various aerials of tractor and combine harvesting on sugarcane plantation ++MUTE++ 2. Various of tractor and combine harvesting and transferring harvested materials 3. Various aerials of tractor