From Hormuz to the Panama Canal: How the 2026 Energy Shock Is Rewiring Trade, Security and Opportunity for Latin America

IBOV 173,731.28 ▼ 0.05% IPSA 10,783.72 ▼ 1.49% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,156,991 ▼ 0.89% COLCAP 2,282.71 ▼ 0.11% BVL PERÚ 57,220.16 — — USD/BRL5.11▲ 0.24% USD/MXN17.51▲ 0.49% USD/CLP933.70▲ 0.94% USD/COP3,267▲ 1.09% USD/PEN3.40▲ 0.43% USD/ARS1,480▲ 0.31% USD/UYU40.23▲ 1.74% USD/PYG6,032▲ 1.81% USD/BOB10.65▲ 4.37% USD/DOP58.24▲ 1.37% USD/CRC446.12▲ 1.44% USD/GTQ7.62▲ 2.73% USD/HNL26.73▲ 1.94% USD/NIO36.62▲ 1.17% USD/VES730.65▲ 0.57% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 0.87% USD/TTD6.74▲ 1.70% EUR/BRL5.85▲ 0.23% BRENT 86.78 ▲ 3.03% WTI 80.86 ▲ 2.42% IRON ORE 161.91 — — COPPER 6.25 ▼ 0.70% GOLD 4,003 ▲ 0.42% SILVER 56.08 ▲ 0.32% SOY 1,199 ▲ 0.31% CORN 464.75 ▲ 5.27% WHEAT 676.50 ▲ 0.26% COFFEE 321.65 ▲ 0.11% SUGAR 14.86 ▲ 2.91% ORANGE JUICE 135.45 ▲ 1.23% COTTON 78.4