Oral accounts indicate that Brazil accepted the offer and concluded a deal with Iraq .
In the late 1970s , amid a domestic shortage of oil in Brazil , Iraq offered to supply oil at a discounted price in exchange for 80 tons of Brazilian uranium .
Oral accounts indicate that Brazilian accepted the offer and concluded a deal with Iraq .
In the late 1970s , amid a domestic shortage of oil in Brazil , Iraq offered to supply oil at a discounted price in exchange for 80 tons of Brazilian uranium .