IBOV 176,102 ▼ 0.71% IPSA 10,775 ▼ 0.46% IPC MEX 68,484 ▲ 0.33% MERVAL 2,875,054 ▲ 1.01% COLCAP 2,118 ▼ 0.22% BVL PERÚ 19,767 ▲ 0.37% USD/BRL 5.02 ▲ 0.03% USD/MXN 17.31 ▲ 0.19% USD/CLP 893.54 ▼ 0.22% USD/COP 3,622 ▼ 1.58% USD/PEN 3.40 ▼ 0.57% USD/ARS 1,405 ▲ 0.29% USD/UYU 40.01 ▲ 1.62% USD/PYG 6,131 ▲ 2.87% USD/BOB 6.85 ▲ 2.04% USD/DOP 58.91 ▲ 1.50% USD/CRC 449.72 ▲ 2.46% USD/GTQ 7.62 ▲ 2.64% USD/HNL 26.62 ▲ 2.09% USD/NIO 36.62 ▲ 1.03% USD/VES 534.05 ▲ 0.79% USD/PAB 1.00 ▲ 2.57% USD/BZD 2.00 ▲ 2.00% USD/JMD 156.59 ▲ 0.54% USD/TTD 6.72 ▲ 1.37% EUR/BRL 5.83 ▼ 0.21% BRENT 97.01 ▼ 6.31% WTI 93.80 ▼ 2.90% IRON ORE 161.91 — — COPPER 6.41 ▲ 0.99% GOLD 4,511 ▼ 0.22% SILVER 76.41 ▲ 0.67% SOY 1,189 ▼ 0.67% CORN 457.75 ▼ 1.19% WHEAT 640.00 ▼ 0.97% COFFEE 273.15 ▲ 0.29% SUGAR 14.63 ▼ 0.48% ORANGE JUICE 170.20 ▼ 0.73% COTTON 77.56 ▲ 0.18% COCOA 4,140 ▲ 9.06% BEEF 240.28 ▼ 3.62% CATTLE 351.53 ▲ 0.48% LITHIUM 86.33 ▲ 1.23% PETR4 43.36 ▼ 0.09% VALE3 82.99 ▼ 0.72% ITUB4 39.77 ▼ 1.36% BBDC4 17.75 ▼ 1.77% ABEV3 16.45 ▲ 0.30% BBAS3 21.28 ▼ 1.75% B3SA3 17.05 ▼ 1.22% WEGE3 42.91 ▼ 0.92% PRIO3 64.97 ▲ 1.03% SUZB3 41.48 ▲ 0.17% RENT3 43.66 ▼ 2.76% AZZA3 20.20 ▼ 3.30% CSAN3 4.09 ▼ 6.83% RAIZ4 0.40 ▼ 2.44% PCAR3 2.04 ▼ 1.45% GMAT3 4.32 ▼ 2.92% PSSA3 48.79 ▼ 0.91% CVCB3 1.73 ▼ 2.81% POSI3 4.07 ▼ 0.73% SLCE3 16.15 ▼ 0.43% NATU3 10.23 ▼ 2.85% BRKM5 12.09 ▼ 2.50% RANI3 7.93 ▼ 1.25% CSNA3 6.78 ▲ 0.89% CMIN3 4.54 ▲ 1.11% USIM5 9.99 ▼ 0.30% GGBR4 23.95 ▼ 0.95% ENEV3 24.94 ▼ 1.11% NEOE3 33.80 — 0.00% CPFE3 42.80 ▼ 1.15% CMIG4 11.18 ▼ 0.80% EQTL3 38.15 ▼ 0.91% LREN3 15.13 ▼ 1.82% VIVT3 33.59 ▲ 0.15% RAIL3 14.02 ▼ 2.37% KLABIN 16.60 ▲ 0.30% RAIA DROGASIL 17.99 ▼ 2.65% RDOR3 34.36 ▼ 0.43% HAPV3 12.13 ▼ 2.18% FLRY3 15.79 ▼ 0.82% SMTO3 17.21 ▼ 0.58% UGPA3 27.84 ▼ 2.11% VBBR3 31.58 ▼ 2.17% BBSE3 34.57 ▼ 0.14% BPAC11 54.69 ▼ 2.16% CURY3 31.84 ▼ 0.13% AERI3 2.33 ▼ 0.85% VIVARA 22.39 ▼ 1.50% COMPASS 26.67 ▼ 2.16% VAMOS 3.26 ▼ 3.26% SANB11 27.15 ▼ 1.77% ASAI3 9.02 ▼ 1.10% SBSP3 28.93 ▼ 0.58% WALMEX 54.93 ▼ 0.49% GMEXICO 211.59 ▲ 2.90% FEMSA 210.55 ▲ 0.25% CEMEX 22.15 ▲ 0.36% GFNORTE 188.76 ▲ 0.07% BIMBO 58.05 ▲ 0.16% TELEVISA 9.56 ▼ 0.93% AMX 22.35 ▲ 0.31% GAP 415.99 ▼ 2.16% ASUR 303.20 ▲ 0.48% OMA 215.75 ▼ 5.05% KOF 187.55 ▲ 0.68% GRUMA 297.00 ▲ 0.48% KIMBER 37.63 ▼ 0.24% SQM-B 72,400 ▼ 1.51% COPEC 6,423 ▲ 0.05% BSANTANDER 71.66 ▲ 0.11% FALABELLA 5,900 ▼ 0.49% ENELAM 78.00 ▼ 0.64% CENCOSUD 2,219 ▲ 0.86% CMPC 1,126 ▼ 1.69% BANCO CHILE 172.30 ▲ 0.08% LATAM AIR 23.27 ▼ 2.02% YPF 71,300 ▲ 0.39% GGAL 6,620 ▲ 2.56% PAMPA 4,750 ▼ 0.68% TXAR 636.00 ▲ 0.32% ALUAR 945.00 ▲ 0.69% TGS 8,530 ▼ 1.78% CEPU 2,104 ▲ 1.30% MIRGOR 16,375 ▲ 0.15% COME 43.90 ▲ 0.46% LOMA NEGRA 3,308 ▲ 0.92% BYMA 290.00 ▲ 1.67% TELECOM ARG 3,595 ▲ 2.93% ECOPETROL 14.07 ▲ 1.59% BANCOLOMBIA 68.87 ▲ 4.54% GRUPO AVAL 4.49 ▲ 6.15% CREDICORP 338.18 ▲ 1.16% SOUTHERN COPPER 188.75 ▲ 5.05% BUENAVENTURA 35.07 ▲ 4.81% MERCADOLIBRE 1,635 ▼ 1.75% NUBANK 12.82 ▲ 0.71% XP 16.98 ▲ 0.95% PAGSEGURO 9.15 ▲ 0.05% STONE 11.08 ▲ 0.73% GLOBANT 39.45 ▼ 1.69% TECNOGLASS 40.86 ▼ 0.74% GAP AIRPORT 239.45 ▼ 0.40% ASUR 303.20 ▲ 0.48% OMA AIRPORT 99.80 ▼ 3.30% AMX ADR 25.77 ▼ 1.42% FEMSA ADR 121.53 ▲ 0.21% CEMEX ADR 12.77 ▲ 1.67% PETROBRAS ADR 19.44 ▼ 2.34% VALE ADR 16.51 ▲ 0.15% ITAU ADR 7.90 ▲ 1.01% SANTANDER BR 5.45 ▲ 1.11% AMBEV ADR 3.25 ▲ 1.41% CSN 1.37 ▲ 1.11% GERDAU 4.76 ▲ 0.11% LATAM ADR 51.97 ▲ 4.17% BTC 77,708 ▲ 0.55% ETH 2,133 ▲ 1.01% SOL 85.78 ▲ 0.91% XRP 1.36 ▲ 0.82% BNB 666.03 ▲ 0.56% ADA 0.25 ▲ 1.08% DOGE 0.10 ▲ 1.18% AVAX 9.46 ▲ 1.69% LINK 9.64 ▲ 1.46% DOT 1.30 ▲ 2.84% LTC 52.93 ▲ 0.52% BCH 353.02 ▲ 0.48% TRX 0.37 ▲ 0.63% XLM 0.15 ▲ 0.79% HBAR 0.09 ▲ 1.13% NEAR 2.89 ▲ 4.14% ATOM 2.29 ▲ 7.00% AAVE 88.14 ▲ 2.14% SELIC 14.50% EMBRAER 72.24 ▼ 1.42% EMBRAER ADR 57.70 ▲ 0.21% JBS 12.94 ▼ 2.08% JBS BDR 64.74 ▼ 2.57% MBRF3 15.96 ▼ 1.72% MBRFY 3.23 ▼ 3.29% INTER 6.19 ▲ 0.41% EGX 52,659 ▼ 0.38% USD/ZAR 16.36 ▲ 0.34% USD/NGN 1,371 ▲ 0.07% NIKKEI 64,996 ▼ 0.25% CSI300 4,948 ▲ 0.53% HSI 25,599 ▼ 0.03% NIFTY 23,914 ▼ 0.49% KOSPI 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2.90% IRON ORE 161.91 — — COPPER 6.41 ▲ 0.99% GOLD 4,511 ▼ 0.22% SILVER 76.41 ▲ 0.67% SOY 1,189 ▼ 0.67% CORN 457.75 ▼ 1.19% WHEAT 640.00 ▼ 0.97% COFFEE 273.15 ▲ 0.29% SUGAR 14.63 ▼ 0.48% ORANGE JUICE 170.20 ▼ 0.73% COTTON 77.56 ▲ 0.18% COCOA 4,140 ▲ 9.06% BEEF 240.28 ▼ 3.62% CATTLE 351.53 ▲ 0.48% LITHIUM 86.33 ▲ 1.23% PETR4 43.36 ▼ 0.09% VALE3 82.99 ▼ 0.72% ITUB4 39.77 ▼ 1.36% BBDC4 17.75 ▼ 1.77% ABEV3 16.45 ▲ 0.30% BBAS3 21.28 ▼ 1.75% B3SA3 17.05 ▼ 1.22% WEGE3 42.91 ▼ 0.92% PRIO3 64.97 ▲ 1.03% SUZB3 41.48 ▲ 0.17% RENT3 43.66 ▼ 2.76% AZZA3 20.20 ▼ 3.30% CSAN3 4.09 ▼ 6.83% RAIZ4 0.40 ▼ 2.44% PCAR3 2.04 ▼ 1.45% GMAT3 4.32 ▼ 2.92% PSSA3 48.79 ▼ 0.91% CVCB3 1.73 ▼ 2.81% POSI3 4.07 ▼ 0.73% SLCE3 16.15 ▼ 0.43% NATU3 10.23 ▼ 2.85% BRKM5 12.09 ▼ 2.50% RANI3 7.93 ▼ 1.25% CSNA3 6.78 ▲ 0.89% CMIN3 4.54 ▲ 1.11% USIM5 9.99 ▼ 0.30% GGBR4 23.95 ▼ 0.95% ENEV3 24.94 ▼ 1.11% NEOE3 33.80 — 0.00% CPFE3 42.80 ▼ 1.15% CMIG4 11.18 ▼ 0.80% EQTL3 38.15 ▼ 0.91% LREN3 15.13 ▼ 1.82% VIVT3 33.59 ▲ 0.15% RAIL3 14.02 ▼ 2.37% KLABIN 16.60 ▲ 0.30% RAIA DROGASIL 17.99 ▼ 2.65% RDOR3 34.36 ▼ 0.43% HAPV3 12.13 ▼ 2.18% FLRY3 15.79 ▼ 0.82% SMTO3 17.21 ▼ 0.58% UGPA3 27.84 ▼ 2.11% VBBR3 31.58 ▼ 2.17% BBSE3 34.57 ▼ 0.14% BPAC11 54.69 ▼ 2.16% CURY3 31.84 ▼ 0.13% AERI3 2.33 ▼ 0.85% VIVARA 22.39 ▼ 1.50% COMPASS 26.67 ▼ 2.16% VAMOS 3.26 ▼ 3.26% SANB11 27.15 ▼ 1.77% ASAI3 9.02 ▼ 1.10% SBSP3 28.93 ▼ 0.58% WALMEX 54.93 ▼ 0.49% GMEXICO 211.59 ▲ 2.90% FEMSA 210.55 ▲ 0.25% CEMEX 22.15 ▲ 0.36% GFNORTE 188.76 ▲ 0.07% BIMBO 58.05 ▲ 0.16% TELEVISA 9.56 ▼ 0.93% AMX 22.35 ▲ 0.31% GAP 415.99 ▼ 2.16% ASUR 303.20 ▲ 0.48% OMA 215.75 ▼ 5.05% KOF 187.55 ▲ 0.68% GRUMA 297.00 ▲ 0.48% KIMBER 37.63 ▼ 0.24% SQM-B 72,400 ▼ 1.51% COPEC 6,423 ▲ 0.05% BSANTANDER 71.66 ▲ 0.11% FALABELLA 5,900 ▼ 0.49% ENELAM 78.00 ▼ 0.64% CENCOSUD 2,219 ▲ 0.86% CMPC 1,126 ▼ 1.69% BANCO CHILE 172.30 ▲ 0.08% LATAM AIR 23.27 ▼ 2.02% YPF 71,300 ▲ 0.39% GGAL 6,620 ▲ 2.56% PAMPA 4,750 ▼ 0.68% TXAR 636.00 ▲ 0.32% ALUAR 945.00 ▲ 0.69% TGS 8,530 ▼ 1.78% CEPU 2,104 ▲ 1.30% MIRGOR 16,375 ▲ 0.15% COME 43.90 ▲ 0.46% LOMA NEGRA 3,308 ▲ 0.92% BYMA 290.00 ▲ 1.67% TELECOM ARG 3,595 ▲ 2.93% ECOPETROL 14.07 ▲ 1.59% BANCOLOMBIA 68.87 ▲ 4.54% GRUPO AVAL 4.49 ▲ 6.15% CREDICORP 338.18 ▲ 1.16% SOUTHERN COPPER 188.75 ▲ 5.05% BUENAVENTURA 35.07 ▲ 4.81% MERCADOLIBRE 1,635 ▼ 1.75% NUBANK 12.82 ▲ 0.71% XP 16.98 ▲ 0.95% PAGSEGURO 9.15 ▲ 0.05% STONE 11.08 ▲ 0.73% GLOBANT 39.45 ▼ 1.69% TECNOGLASS 40.86 ▼ 0.74% GAP AIRPORT 239.45 ▼ 0.40% ASUR 303.20 ▲ 0.48% OMA AIRPORT 99.80 ▼ 3.30% AMX ADR 25.77 ▼ 1.42% FEMSA ADR 121.53 ▲ 0.21% CEMEX ADR 12.77 ▲ 1.67% PETROBRAS ADR 19.44 ▼ 2.34% VALE ADR 16.51 ▲ 0.15% ITAU ADR 7.90 ▲ 1.01% SANTANDER BR 5.45 ▲ 1.11% AMBEV ADR 3.25 ▲ 1.41% CSN 1.37 ▲ 1.11% GERDAU 4.76 ▲ 0.11% LATAM ADR 51.97 ▲ 4.17% BTC 77,708 ▲ 0.55% ETH 2,133 ▲ 1.01% SOL 85.78 ▲ 0.91% XRP 1.36 ▲ 0.82% BNB 666.03 ▲ 0.56% ADA 0.25 ▲ 1.08% DOGE 0.10 ▲ 1.18% AVAX 9.46 ▲ 1.69% LINK 9.64 ▲ 1.46% DOT 1.30 ▲ 2.84% LTC 52.93 ▲ 0.52% BCH 353.02 ▲ 0.48% TRX 0.37 ▲ 0.63% XLM 0.15 ▲ 0.79% HBAR 0.09 ▲ 1.13% NEAR 2.89 ▲ 4.14% ATOM 2.29 ▲ 7.00% AAVE 88.14 ▲ 2.14% SELIC 14.50% EMBRAER 72.24 ▼ 1.42% EMBRAER ADR 57.70 ▲ 0.21% JBS 12.94 ▼ 2.08% JBS BDR 64.74 ▼ 2.57% MBRF3 15.96 ▼ 1.72% MBRFY 3.23 ▼ 3.29% INTER 6.19 ▲ 0.41% EGX 52,659 ▼ 0.38% USD/ZAR 16.36 ▲ 0.34% USD/NGN 1,371 ▲ 0.07% NIKKEI 64,996 ▼ 0.25% CSI300 4,948 ▲ 0.53% HSI 25,599 ▼ 0.03% NIFTY 23,914 ▼ 0.49% KOSPI 8,048 ▲ 2.55% JCI 6,130 ▼ 1.23% USD/JPY 159.23 ▲ 0.24% USD/CNY 6.7851 ▲ 0.02% DAX 25,269 ▼ 0.47% CAC 8,208 ▼ 0.61% FTSE 10,526 ▲ 0.57% MIB 50,200 ▼ 0.04% IBEX 18,382 ▼ 0.03% STOXX 630.47 ▼ 0.18% EUR/USD 1.1628 ▼ 0.13% GBP/USD 1.3463 ▼ 0.30% SPX 7,534 ▲ 0.81% DJI 50,566 ▼ 0.03% NDX 30,013 ▲ 1.80% RUT 2,920 ▲ 1.77% TSX 34,579 ▼ 0.72% VIX 16.89 ▲ 1.81% USD/CAD 1.3803 — 0.00% US10Y 4.4950 ▼ 1.38%
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Tuesday, May 26, 2026

Brazil Politics and Society

Brazil’s Foreign Minister Joins Iran’s 30-Day Peace Push by Phone

By · May 4, 2026 · 3 min read

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Key Points

Brazil’s Foreign Minister Mauro Vieira spoke by phone with Iran’s Abbas Araghchi on May 3, the second direct contact since a Paris meeting on March 26 during the G7.

The Brazil Iran talks discussed the 14-point peace plan Tehran has submitted to Washington via Pakistan, which proposes a 30-day path from ceasefire to a permanent end of the conflict.

Araghchi held similar calls with twelve countries between Friday and Sunday including Turkey, Qatar, Saudi Arabia, Egypt, Russia, France, Italy, and Japan, as Trump publicly rejected the proposal as unacceptable.

Deep Dive
Iran-Hormuz Crisis Guide →
Deep Dive → How Brazil's foreign minister joining Iran's 30-day peace push exposes the diplomatic leverage that Hormuz escalation is creating for LatAm's oil-dependent economies

Brazil joined a 12-country diplomatic chain Tehran activated this weekend, as Iran tries to pressure Trump into accepting a peace plan he has already called unacceptable.

The Brazil Iran talks took place by phone on Sunday, May 3, when Foreign Minister Mauro Vieira and Iranian counterpart Abbas Araghchi discussed the war in the Middle East and prospects for a negotiated exit. The Rio Times, the Latin American financial news outlet, reports that this is the second direct contact between the two ministers since a Paris encounter on March 26 during the G7 meeting.

According to Brazil’s Itamaraty foreign ministry, the conversation covered the current stage of the conflict, the regional situation, the global economic impacts, and prospects for a negotiated way out. Vieira also expressed solidarity with the victims of the military strikes.

What the Brazil Iran Talks Actually Discussed

Iran has presented Washington with a 14-point peace plan via Pakistani intermediaries. According to Al Jazeera, the proposal sets out three phases that would convert the current ceasefire into a permanent end of the war within roughly 30 days.

Brazil’s Foreign Minister Joins Iran’s 30-Day Peace Push by Phone. (Photo Internet reproduction)

The plan includes lifting the blockade of the Strait of Hormuz with a new management mechanism, a removal of US sanctions on Iran, and compensation for war damages. Tehran insists the proposal addresses only the war itself and does not cover its nuclear programme.

Brazil Iran Talks Sit Inside a 12-Country Diplomatic Push

Between Friday and Sunday, Araghchi made calls to counterparts in Turkey, Qatar, Saudi Arabia, Egypt, Iraq, Azerbaijan, Russia, South Korea, Japan, France, Italy, and Oman. Each conversation framed the 14-point plan as the basis for ending what Tehran calls “a war that did not begin.”

Italian counterpart Antonio Tajani told Araghchi that reopening the Strait of Hormuz was urgent for European energy markets but pressed Iran on its nuclear programme. Other capitals strangled by higher fuel costs delivered similar messages.

Trump Pushes Back as Brazil Iran Talks Continue

President Donald Trump publicly rejected Iran’s proposal on Sunday, telling reporters it was “not acceptable” and signalling he was prepared to return to military operations if needed. The White House had earlier told Tehran that the United States would respond in writing to the plan.

Trump separately announced “Project Freedom,” a US naval initiative to escort civilian shipping out of the Hormuz strait beginning Monday. Brent crude has remained above $90 since the latest Hormuz attacks, with effects on oil-importing emerging markets including Brazil.

What the Brazil Iran Talks Mean for Latin America

Brazil’s role in the Iran war has been deliberately cautious. Lula’s government has condemned the strikes on Iranian territory, called for de-escalation, and avoided military positioning, while Iran is a fellow BRICS member with which Brasília maintains active dialogue.

For Latin America’s energy economies, the call signals continued Brazilian engagement with the diplomatic track. Petrobras and other regional producers benefit from sustained higher Brent levels, even as importing economies absorb the cost.

The Brazil Iran talks will not change the calculus in Washington alone. They register Brazil as a participating voice in the multipolar diplomacy now circling the war.

Read More from The Rio Times

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