Ibovespa Drops Below 183,000 on Oil-Led Risk Aversion, US-Iran Stalemate

Brazil's Ibovespa fell below 183,000, touching 181,931, as rising oil prices from the US-Iran negotiation stalemate fueled global risk aversion and higher interest rates. Domestic focus also centers on a Quaest poll showing a tie between Lula and Bolsonaro in a potential runoff. The market impact is driven by external risk-off sentiment, with the electoral tie adding domestic political uncertainty.