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BBAS3 19.29 ▲ 0.05% B3SA3 14.26 ▼ 0.21% WEGE3 47.62 ▲ 0.55% PRIO3 59.27 ▲ 0.03% SUZB3 41.41 ▲ 2.55% RENT3 34.48 ▼ 0.66% AZZA3 15.88 ▼ 2.70% CSAN3 3.20 ▼ 2.44% RAIZ4 0.25 — 0.00% PCAR3 2.76 — 0.00% GMAT3 3.65 ▼ 1.08% PSSA3 48.11 ▼ 0.58% CVCB3 1.26 ▼ 8.03% POSI3 3.33 ▲ 1.52% SLCE3 13.39 ▲ 0.68% NATU3 8.14 ▼ 0.73% BRKM5 5.68 ▲ 0.71% RANI3 7.94 ▲ 0.51% CSNA3 4.32 ▲ 0.93% CMIN3 5.58 ▲ 0.18% USIM5 6.55 ▼ 1.06% GGBR4 24.68 ▲ 2.15% ENEV3 24.31 ▼ 0.98% CPFE3 43.40 ▼ 0.57% CMIG4 10.37 ▼ 0.29% EQTL3 35.55 ▼ 0.73% LREN3 11.87 ▼ 1.33% VIVT3 29.94 ▼ 0.66% RAIL3 12.99 ▲ 0.23% KLABIN 17.70 ▲ 0.85% RAIA DROGASIL 17.90 ▼ 2.08% RDOR3 32.36 ▼ 2.44% HAPV3 9.62 ▼ 1.74% FLRY3 18.32 ▲ 0.72% SMTO3 14.58 ▼ 2.86% UGPA3 30.74 ▼ 0.81% VBBR3 33.44 ▲ 0.63% BBSE3 37.55 ▲ 0.78% BPAC11 50.36 ▲ 0.46% CURY3 31.13 ▼ 1.17% AERI3 2.18 ▼ 3.54% VIVARA 21.10 ▲ 1.01% COMPASS 21.86 ▲ 0.60% VAMOS 2.79 ▼ 0.36% SANB11 29.42 ▼ 0.34% ASAI3 8.07 ▼ 0.12% SBSP3 26.16 ▲ 0.65% WALMEX 48.14 ▼ 0.48% GMEXICO 222.84 ▲ 0.15% FEMSA 199.83 ▼ 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HAPV3 9.62 ▼ 1.74% FLRY3 18.32 ▲ 0.72% SMTO3 14.58 ▼ 2.86% UGPA3 30.74 ▼ 0.81% VBBR3 33.44 ▲ 0.63% BBSE3 37.55 ▲ 0.78% BPAC11 50.36 ▲ 0.46% CURY3 31.13 ▼ 1.17% AERI3 2.18 ▼ 3.54% VIVARA 21.10 ▲ 1.01% COMPASS 21.86 ▲ 0.60% VAMOS 2.79 ▼ 0.36% SANB11 29.42 ▼ 0.34% ASAI3 8.07 ▼ 0.12% SBSP3 26.16 ▲ 0.65% WALMEX 48.14 ▼ 0.48% GMEXICO 222.84 ▲ 0.15% FEMSA 199.83 ▼ 0.91% CEMEX 19.29 ▲ 0.73% GFNORTE 193.91 ▲ 1.15% BIMBO 60.59 ▼ 1.59% TELEVISA 9.67 ▼ 0.21% AMX 19.75 ▼ 1.20% GAP 365.06 ▲ 0.10% ASUR 273.88 ▲ 0.82% OMA 232.73 ▲ 0.29% KOF 187.18 ▲ 0.40% GRUMA 251.80 ▼ 0.32% KIMBER 39.56 ▼ 0.03% SQM-B 65,144 ▼ 1.09% COPEC 5,960 ▼ 1.16% BSANTANDER 78.91 ▼ 1.61% FALABELLA 6,353 ▼ 1.18% ENELAM 87.12 ▲ 0.14% CENCOSUD 1,951 ▼ 1.93% CMPC 1,018 ▼ 2.12% BANCO CHILE 185.31 ▼ 0.82% LATAM AIR 24.05 ▼ 1.23% YPF 7,740 ▼ 0.64% GGAL 6,965 ▼ 1.00% PAMPA 5,090 ▲ 0.20% TXAR 750.00 ▼ 2.02% ALUAR 940.00 ▼ 1.00% TGS 8,790 ▼ 1.07% CEPU 2,140 ▲ 1.09% MIRGOR 1,650 ▼ 1.20% COME 40.93 ▼ 0.73% LOMA NEGRA 3,130 ▲ 0.08% BYMA 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Wednesday, August 12, 2026

Supreme Court Justice Toffoli Orders Petrobras to Supply Fuel to Iranian Ships

By · July 26, 2019 · 2 min read

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RIO DE JANEIRO, BRAZIL – The presiding Justice of the Federal Supreme Court (STF), Justice Minister Dias Toffoli, ordered Petrobras to supply fuel to two Iranian ships that have been stranded for almost fifty days in the port of Paranaguá, in Paraná State.

Justice Minister Dias Toffoli, President of the Federal Supreme Court.
Justice Dias Toffoli of the Federal Supreme Court. (Photo internet reproduction)
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The decision was made on Wednesday night, July 24th. In the decision, the Justice factored in “potential damage to primary interests linked to national sovereignty, administrative order, and the economy.”

The controversial refusal to fuel led Iran’s ambassador to Brasília, Seyed Ali Saghaeyan, to issue harsh statements last Wednesday threatening to suspend imports of Brazilian products unless the issue was solved.

In the imbroglio, Eleva, the company in charge of the vessels, had its supply request denied in the lower court, but appealed to the Paraná Appellate Court (TJ-PR) and secured an order for the supply to be carried out within 72 hours under penalty of a fine. The federal government appealed, and the case went to the Supreme Court.

On July 10th, Toffoli suspended the TJ-PR ruling until the Federal Prosecutor Office (PGR) and Petrobras could express their opinion. In a statement sent to the STF last Friday, the PGR opined that Petrobras should not be forced to supply the ships.

On the same day, Petrobras confirmed that it had not supplied fuel for Iranian ships loaded with corn in the port.

According to the state-owned company, “the Iranian shipping company and the Iranian company that owns the vessels are sanctioned by the United States.” Petrobras claimed that it would be running the risk of being included in the same list were it to supply the ships. Justice Toffoli’s decision ordering the refueling rebutted those claims.

Live Company IntelligencePetroleo Brasileiro Petrobras SA ADR — the full investor dossierInside: live share price, market cap, three-year financials, valuation, ESG and peer benchmarks — plus the latest Rio Times coverage.
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◆ Live Company Intelligence
Petroleo Brasileiro Petrobras
NYSE: PBRPETR4EnergyOil & Gas Integrated43,199 employees
$115.55B
Market cap
Analyst target $22.19

Wall Street view

4.4Buy/ 5
11 Buy3 Hold0 Sell
Avg. price target $22.19  ·  +35% vs 200-day

Valuation & profitability

Market cap$115.55B
Revenue (TTM)$498.09B
P / E ratio4.6
Profit margin21.6%
Return on equity25.6%

Price & risk

52-wk low
$10.97
52-wk high
$22.07
Beta (volatility)-0.22
200-day average$16.49

Revenue trend · 6y

20202025
Latest $88.10B

Ownership

Institutions21.5%
Shares outstanding3.72B
Top holderGQG Partners LLC
Institutional holders5+ funds

Dividend

Yield16.3%
Payout ratio28.3%
Fwd. annual$1.76
What Petroleo Brasileiro Petrobras does. Petróleo Brasileiro S.A. – Petrobras explores, produces, and sells oil and gas in Brazil, China, the United States, the Americas, Asia, Europe, Singapore, and internationally. It operates through three segments: Exploration and Production; Refining, Transportation & Marketing; and Gas & Low Carbon Energies. The Exploration and Production segment explores, develops, and produces…
Data: RT fundamentals (PBR.US) · figures in USD · as of 12 Aug 2026More company intelligence →

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