Petrobras shares fall nearly 7% as oil prices drop on Trump Israel funding announcement

Petrobras shares plunged nearly 7% on November 3, leading losses on Brazil's Ibovespa index, which fell nearly 2% to below 165,000. The decline followed falling oil prices after President Donald Trump announced the cessation of US financial support for Israel by year-end and signals of diplomatic openness from Iranian officials.

Detected & updated continuously · Source: Nebula