B3: Hormuz Reopening Turns Petrobras into the Drag That Unlocks the 200,000 Path

Rio Times Daily Market Brief · Brazil Saturday, April 18, 2026 · Covering the session of Friday, April 17 The Big Three 1. Iran announced the Strait of Hormuz is “completamente aberto” — and oil crashed up to 14%, dragging Petrobras down nearly 7% and ripping the Ibovespa from an intraday high of 198,665 to […] The post B3: Hormuz Reopening Turns Petrobras into the Drag That Unlocks the 200,000 Path appeared first on The Rio Times.

B3: Hormuz Reopening Turns Petrobras into the Drag That Unlocks the 200,000 Path

Rio Times Daily Market Brief · Brazil Saturday, April 18, 2026 · Covering the session of Friday, April 17 The Big Three 1. Iran announced the Strait of Hormuz is “completamente aberto” — and oil crashed up to 14%, dragging Petrobras down nearly 7% and ripping the Ibovespa from an intraday high of 198,665 to […]

The post B3: Hormuz Reopening Turns Petrobras into the Drag That Unlocks the 200,000 Path appeared first on The Rio Times.