The Rio Times
Key Points — Brent crude plunged 16% to ~$93 and WTI fell 18% to ~$95 after Trump agreed to suspend strikes in exchange for Iran reopening the Strait of Hormuz under a Pakistan-mediated deal — Net oil importers (Chile, Peru, Central America) get immediate inflation relief; net exporters (Brazil, Colombia, Ecuador) face a revenue shock […] The post Brent Crashes to $93 and Latin America’s Oil Map Flips Overnight appeared first on The Rio Times .
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