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Bloomberg
Brazilian Economy Minister Paulo Guedes said he’ll clear up any confusion from President Jair Bolsonaro’s decision to halt a planned fuel-price hike by Petroleo Brasileiro SA. When asked about Bolsonaro’s meddling in state-controlled Petrobras’ pricing policy this week, Guedes said he’d get more information when he returns home from Washington, where he’s been attending the spring meetings of IMF. Petrobras shares plunged 8 percent after Bolsonaro called energy producer’s CEO Roberto Castello Branco and ordered him to cancel a planned increase in diesel prices.