Could Brazilian oil emerge as one of the big winners of the Iran war?
Key takeaways
- China and India are among those ramping up imports of Brazilian crude amid Strait of Hormuz disruptions.
- With oil harder to access and Russian supply largely constrained by sanctions, Asian buyers are scrambling for crude from suppliers seen as safer and more reliable.
- Brazil, which is already one of the world’s biggest oil exporters, has emerged as one of the clearest beneficiaries.
Why this matters: an international story with cross-border implications worth tracking.
China and India are among those ramping up imports of Brazilian crude amid Strait of Hormuz disruptions.
xwhatsapp-strokecopylinkgoogle Add Al Jazeera on Googleinfo Brazil's President Luiz Inacio Lula da Silva, left, with his Chinese counterpart, Xi Jinping, after a signing ceremony, at the Great Hall of the People in Beijing, China, May 13, 2025 [Tingshu Wang/Reuters]By Caolán Magee Published On 25 May 202625 May 2026China and India are increasingly turning to Brazil to make up for lost oil supplies as the fallout from the US-Israel war on Iran continues to disrupt energy trade through the Strait of Hormuz.
With oil harder to access and Russian supply largely constrained by sanctions, Asian buyers are scrambling for crude from suppliers seen as safer and more reliable.