Brazil to ramp up oil output as Asia looks for Iran alternative

Nikkei Asia | June 4, 2026, 3:05 p.m. | Original

SAO PAOLO -- Brazil plans to increase domestic oil output by about 30% by 2032, a level that would make it one of the world's top five producers.

Seed-stage startup funding in Japan sinks 40% as investors grow selective Netflix creating industry guidelines for AI production, co-CEO says