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Latin Times

Business

Miguel Paiva

Diesel Above $6, Brent at $107, and Tortillas Getting Pricier: The Iran War's Hidden Toll on Latin People

Iran Iran War Brazil Mexico Oil United States Venezuela Lula Brown University Goldman Sachs

As global oil prices surge amid conflict, the economic shockwaves are reaching local kitchens across Latin America. Higher fuel and transport costs driven by escalating global crises are directly inflating the prices of basic staples like tortillas, placing a heavy burden on everyday households. (Credit: Image by Miguel Paiva from Latin Times via AI)

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One subscription that gives you access to news from hundreds of sites

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