
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.

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.

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.

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.