
According to a report by Agência Brasil, industry specialists and oil-sector groups say what they describe as abusive fuel price increases in Brazil are not explained by international volatility alone. The report cites cases of gasoline being sold for R$9 a liter at some stations in São Paulo and links part of the distortion to the loss of state control over the distribution chain after the privatization of BR Distribuidora.
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The U.S. government has filed a new memorandum before the Second Circuit Court of Appeals in New York backing Argentina’s request to suspend post-judgment discovery in the YPF expropriation case. Argentina’s Treasury Solicitor’s Office said the filing supports the emergency motion submitted on March 6 seeking to pause document production, a sanctions request and an evidentiary hearing scheduled for April.
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Former Brazilian President Jair Bolsonaro was admitted on Friday to the intensive care unit of Brasília’s DF Star hospital after being transferred from prison with high fever, low oxygen saturation, sweating and chills. The medical bulletin said tests confirmed bilateral bacterial bronchopneumonia and that the former president is receiving intravenous antibiotics and non-invasive clinical support.
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Argentine assets ended the week under pressure, pulled lower by international volatility linked to the Middle East war, in a session marked by falling stocks and bonds, a higher country risk index and renewed oil-driven pressure on inflation and financial expectations. Brent crude settled at $103.14 a barrel, while Wall Street extended its weekly losses amid concern over global energy supply.
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Cuban President Miguel Díaz-Canel said on Friday that his government has recently held talks with U.S. officials, the first public acknowledgment of such bilateral contacts in more than a decade, as the island faces a severe fuel and electricity crisis. He said the exchanges were aimed at seeking solutions to bilateral differences and exploring areas of cooperation based on equality, sovereignty and mutual respect.
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Suspected Uruguayan drug trafficker Sebastián Marset was captured on Friday in Santa Cruz de la Sierra, Bolivia, in an operation that ends one of the Southern Cone’s longest and most visible manhunts. Paraguayan authorities confirmed the arrest and said Marset had been secured after a raid carried out by Bolivian forces.
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Iran is shifting a key part of the war to the sea, where its conventional naval power is far weaker than that of the United States but where it still retains enough tools to disrupt global energy traffic. In the Strait of Hormuz, a corridor that carries roughly a fifth of the world’s oil, attacks on merchant shipping, the threat of mines and the use of fast boats and coastal missiles have raised the cost and complexity of any escort operation.
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The United States has temporarily authorized the sale of Russian oil and petroleum products already loaded on tankers, in a limited easing of sanctions adopted as global energy prices rise because of the Middle East war. The measure was announced by the Treasury Department and will remain in force until April 11.
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Colombia and Venezuela shifted their planned bilateral contact to the ministerial level on Friday after a presidential meeting announced for the border was abruptly canceled under the formula of “force majeure.” Instead of the face-to-face encounter scheduled between Gustavo Petro and Delcy Rodríguez at the Atanasio Girardot bridge, Bogotá sent a delegation to Caracas led by Foreign Minister Rosa Villavicencio and including the ministers of defense, trade, and mines and energy.
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Venezuelan opposition leader María Corina Machado drew thousands of supporters to central Santiago on Thursday in the largest public demonstration she has led since leaving Venezuela in late 2025. The gathering, held between Paseo Bulnes and Parque Almagro, exceeded initial expectations and became one of the most visible displays of the Venezuelan diaspora in Chile in recent years. According to estimates by Carabineros cited by Chilean and Spanish media, turnout ranged between 16,000 and 17,000 people.
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