Sao Paulo, March 12 -- Minister of Mines and Energy of Brazil, Alexandre Silveira on Wednesday assured that Brazil faces no risk of fuel shortages despite rising geopolitical tensions in West Asia and concerns about possible disruptions to global energy markets.

Speaking to journalists, Silveira said the country's fuel supply remains stable and the government is closely monitoring developments in the international oil market as well as domestic price movements. "There is no possibility of fuel shortages at gas stations," the minister said, stressing that Brazil has sufficient supply of gasoline diesel and other petroleum products, as reported by brasil 247.

However, Silveira warned against what he described as "criminal speculation" by ...