Brazilian President Luiz Inacio Lula da Silva expressed uncertainty about the duration of US-Israeli strikes on Iran but assured protection for Brazilians from the conflict’s economic consequences. In an interview, he emphasized efforts to shield people from financial repercussions.
Lula da Silva highlighted measures to mitigate the impact on citizens’ finances, stating that the government is actively working to prevent price hikes. He emphasized the importance of safeguarding individuals, particularly truck drivers and households, from economic disruptions caused by the conflict.
The President cautioned against fuel market speculation and announced enhanced controls to curb price manipulation. He mentioned tax exemptions and subsidies implemented by the government to stabilize fuel prices domestically, aiming to alleviate financial burdens on the population.
