Rio Times · Analysis

Key Facts

—Strait of Hormuz Flashpoint Renewed US–Iran hostilities and a reimposed blockade on Iranian ships have pushed Brent crude to around US$85, reigniting global inflation fears.

—The Fed’s Tight Grip The US Federal Reserve’s hawkish posture keeps the DXY index near 104.65 and global financing conditions tight, directly constraining Latin American monetary policy.

—Critical Minerals Leverage With half the world’s lithium and over a third of its copper, Latin America sits at the centre of the global net-zero transition, but governance gaps risk squandering this advantage.