Event Brief
May 13, 2026 at 7:04 PM ET
Brazil to Subsidize Gasoline as Lula Ramps Up Stimulus
By The BriefBrief
Brazil announced additional gasoline subsidies to cushion inflation and support President Lula ahead of the election.
WHO: Brazil’s government
WHAT: Additional fuel subsidies for gasoline
WHEN: May 13, 2026 at 5:57 PM ET
WHERE: Brazil
WHY: To cushion the impact of the Iran war on inflation and support Lula’s popularity ahead of the election.
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How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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