Ibovespa Rises on Energy and Finance Gains
The Ibovespa rose 0.5% to close at 186,503 on Tuesday, supported by Petrobras and financial heavyweights. Petrobras jumped 3.1% as oil prices extended their rally amid supply disruptions in the Middle East after Saudi Arabia shut down a key pipeline bypassing the Strait of Hormuz on Monday. Meanwhile, markets expect th