Brazil president reduces diesel price to end week-long protest


FE Team | Published: May 28, 2018 10:48:09 | Updated: May 29, 2018 18:46:42


Truckers wave a Brazilian flag during a protest against high diesel fuel prices in Duque de Caxias near Rio de Janeiro, Brazil May 25, 2018. Reuters.

Brazilian President Michel Temer has lowered the price of diesel in a bid to end a truckers’ strike that has crippled the country for almost a week.

Temer said the price would be cut by 46 Brazilian cents ($0.13; £0.09) per litre.

He said the new price would be maintained for 60 days and adjusted monthly thereafter.

Striking truckers have blockaded main roads across the country and defied Temer’s threats to send the army in, says a BBC report.

“We have done our part to ease the problems and suffering,” Temer said in a televised address.

It was not clear if striking drivers would accept his offer.

Diesel prices in Brazil have nearly doubled since 2016.

The strike has brought much of Brazil to a standstill, with queues at petrol stations, airports running out of fuel and supermarket shelves empty.

On Sunday, security forces escorted fuel tankers to petrol stations and airports in at least eight states.

Last week, unions told drivers to clear the roads after President Temer threatened to send in the army. However, many drivers refused to leave their blockades until diesel prices came down.

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