Petrobras Head Resigns as Bolsonaro Rages About Fuel Prices

Petrobras’s chief executive officer Jose Mauro Coelho resigned following a fuel price increase that has angered President Jair Bolsonaro and prompted calls for a congressional inquiry.

Petroleo Brasileiro SA, as the company is formally known, announced his resignation in a statement on Monday. Bolsonaro had already fired Coelho in May and named a replacement, but he remained in the …

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