The Ibovespa fell 0.42% to 170,415 on Monday as a US-Iran deal crashed oil prices and dragged down Petrobras, the same news that lifted markets elsewhere weighing on Brazil.
Key Facts
The Ibovespa fell 0.42% to 170,415 on Monday June 15 — a second straight decline.
Petrobras dragged the index down as the oil price plunged.
A US-Iran deal crashed oil nearly 5% by reopening the Strait of Hormuz.
The same news lifted markets elsewhere, but hurt oil-heavy Brazil.
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