Fuel prices: Bolsonaro and Lira want parliamentary investigation launched against Brazil’s Petrobras

The president called Petrobras' behavior a betrayal, the speaker of the House talked of "corporate terrorism," and the most powerful voting bloc in Congress spoke of "war" and breaking the company's monopoly.

RIO DE JANEIRO, BRAZIL - This time, state-owned Petrobras, one of Latin America's largest oil companies, has apparently gone too far in its arrogance.

President Jair Bolsonaro said Friday (17), along with the Speaker of the House, Arthur Lira, to propose the formation of a CPI (Parliamentary Investigative Committee) to investigate the president, directors, and administrative and financial boards of Petrobras.

He made the statement after the oil company announced anotherSubscribe to our Premium Membership Plan. Already Subscribed?