Israel-Iran Conflict Shakes Brazilian Markets: Dollar Up, Ibovespa Down

Amidst escalating tensions between Israel and Iran, global oil prices surged, impacting the Brazilian financial markets. On June 13th, 2025, the US dollar experienced a slight increase of 0.01%, closing at R$5.54, while the Ibovespa, Brazil's main stock market index, registered a 0.43% decline, settling at 137,212 points. "The numbers reflect the impact of the rising oil prices," explained a UOL Economia presenter. Petrobras shares, however, bucked the global trend, rising over 2%. This volatility highlights the interconnectedness of global events and their immediate effects on national economies.