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.

Brazilian stocks ended an eight-week losing streak as Middle East tensions cooled, even as data showed the biggest foreign exit since mid-2025.

São Paulo's stock exchange closed on Monday down 0.42%, dragged by the plunge of the state oil company Petrobras after the international crude price fell, linked to the…