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Brazilian President Lula signed a decree reducing the PIS/PASEP and COFINS taxes per liter of gasoline by 0.63 reais.
Brazil said an executive order issued earlier Wednesday would set the diesel subsidy at 1 reais per liter initially.
On September 10, the Saudi-led coalition stated that the Houthi rebels in Yemen attacked the southern Saudi cities of Khamis Mushait, Abha, and Jizan on September 9 using ballistic missiles and drones. Earlier that day, the Houthis claimed that Saudi warplanes had launched dozens of airstrikes on multiple areas in Yemens Marib, Jawf, and Taiz provinces.
US President Trump: Putin hopes to reach an agreement on Ukraine.
US President Trump: Gasoline prices will take a little longer to come down, and I will push them down to below $2.