Provisional Measure signed by the federal government tightens inspection and zeroes taxes on gasoline and diesel to curb the impact of the external crisis
The federal government announced, on Thursday (12), an offensive to contain the advance in fuel prices and guarantee national supply in the face of the worsening crisis in the Middle East. The package of measures, made official through Provisional Measure 1,340/2026, responds directly to the war between Iran, the United States and Israel, which destabilized the international price of oil and put pressure on the Brazilian economy.
The Executive’s strategy combines the tightening of inspection with tax relief. In the punitive field, the MP establishes severe sanctions to contain speculative movements: stations that practice abusive increases without ballast in real costs are subject to fines of up to R$ 500 million. A second penalty, of the same amount, will be applied in cases of unjustified retention of stock, raising the ceiling of accumulated sanctions to R$ 1 billion.
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To mitigate the impact at the pumps, the government zeroed the PIS/Cofins and CIDE rates on diesel and biodiesel until the end of 2026. In the case of gasoline and ethanol, the federal exemption will be valid for 120 days. To finance the tax waiver, a temporary tax of 12% was created on crude oil exports, a measure that also aims to discourage the exit of the national product to prioritize domestic consumption.
The National Petroleum Agency (ANP) and the National Consumer Secretariat (Senacon) will act together in the immediate inspection of the adjustments. At the same time, the Administrative Council for Economic Defense (CADE) was called to investigate evidence of cartel formation in states such as Minas Gerais, Bahia and Rio Grande do Sul. The government also asked the governors to freeze the ICMS for 90 days, seeking a coordinated truce in final consumer prices.
