IBOV 168,278 ▼ 0.10% IPSA 10,837 ▲ 0.24% IPC MEX 68,265 ▼ 0.06% MERVAL 3,333,407 ▲ 1.26% COLCAP 2,406.14 ▲ 1.22% BVL PERÚ 56,725.28 ▼ 2.20% USD/BRL5.16▼ 0.17% USD/MXN17.36— 0.00% USD/CLP899.40▲ 0.98% USD/COP3,432▼ 0.77% USD/PEN3.38▼ 0.06% USD/ARS1,451▼ 0.03% USD/UYU39.97▲ 0.34% USD/PYG6,069▲ 1.05% USD/BOB6.86▲ 1.56% USD/DOP58.33▼ 0.29% USD/CRC450.55▲ 1.88% USD/GTQ7.62▲ 2.25% USD/HNL26.67▲ 0.47% USD/NIO36.62▲ 0.66% USD/VES605.87▲ 3.27% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.09▲ 0.11% USD/TTD6.70▲ 0.55% EUR/BRL5.90▲ 0.16% BRENT 80.16 ▲ 0.39% WTI 76.30 ▼ 0.39% IRON ORE 161.91 — — COPPER 6.35 ▼ 0.35% GOLD 4,177 ▼ 1.12% SILVER 64.93 ▼ 2.00% SOY 1,142 ▲ 0.88% CORN 444.25 ▲ 5.52% WHEAT 613.25 ▲ 0.08% COFFEE 256.10 ▼ 7.83% SUGAR 14.14 ▲ 2.09% ORANGE JUICE 158.20 ▲ 6.28% COTTON 79.33 ▲ 3.16% COCOA 4,362 ▲ 5.26% BEEF 246.75 ▼ 3.51% CATTLE 366.93 ▼ 0.14% LITHIUM 82.15 ▼ 1.11% PETR4 38.85 ▲ 0.73% VALE3 79.94 ▲ 0.20% ITUB4 40.49 ▲ 0.13% BBDC4 17.47 ▼ 0.46% ABEV3 16.22 ▲ 0.19% BBAS3 19.53 ▲ 0.62% B3SA3 14.33 ▼ 1.92% WEGE3 45.81 ▲ 4.59% PRIO3 56.97 ▲ 0.41% SUZB3 43.58 ▲ 3.20% RENT3 40.09 ▼ 1.11% AZZA3 16.21 ▼ 2.35% CSAN3 3.40 ▼ 2.02% RAIZ4 0.40 ▼ 4.76% PCAR3 1.80 ▲ 7.14% GMAT3 3.83 ▼ 0.26% PSSA3 52.48 ▲ 1.80% CVCB3 1.24 ▼ 5.34% POSI3 3.79 ▲ 1.61% SLCE3 13.54 ▼ 1.53% NATU3 7.43 ▼ 5.11% BRKM5 7.51 ▼ 10.27% RANI3 7.86 ▼ 0.13% CSNA3 5.18 ▼ 7.99% CMIN3 4.21 ▼ 1.41% USIM5 9.10 ▼ 4.81% GGBR4 21.65 ▼ 5.09% ENEV3 24.10 ▲ 0.08% NEOE3 33.80 — 0.00% CPFE3 44.01 ▲ 1.34% CMIG4 10.72 ▲ 0.75% EQTL3 36.86 ▼ 0.62% LREN3 13.99 ▼ 3.18% VIVT3 32.68 ▼ 0.55% RAIL3 12.33 ▼ 0.96% KLABIN 17.23 ▲ 1.59% RAIA DROGASIL 16.55 ▼ 5.48% RDOR3 33.25 ▲ 0.39% HAPV3 10.58 — 0.00% FLRY3 14.83 ▲ 0.95% SMTO3 14.97 ▼ 3.61% UGPA3 24.83 ▲ 2.65% VBBR3 28.59 ▲ 0.95% BBSE3 39.44 ▲ 0.36% BPAC11 50.85 ▲ 0.91% CURY3 32.72 ▲ 2.63% AERI3 2.25 ▼ 0.88% VIVARA 21.06 ▲ 1.64% COMPASS 24.70 ▼ 1.20% VAMOS 2.71 — 0.00% SANB11 26.72 ▼ 1.33% ASAI3 7.68 ▼ 1.54% SBSP3 26.90 ▼ 2.04% WALMEX 50.32 ▼ 2.84% GMEXICO 214.23 ▼ 0.22% FEMSA 219.41 ▲ 0.55% CEMEX 22.15 ▲ 1.42% GFNORTE 191.61 ▲ 0.26% BIMBO 57.16 ▼ 0.97% TELEVISA 10.52 ▲ 0.10% AMX 23.01 ▲ 0.39% GAP 441.50 ▲ 2.30% ASUR 308.21 ▲ 2.26% OMA 247.05 ▲ 1.95% KOF 190.35 ▲ 2.28% GRUMA 288.54 ▼ 1.35% KIMBER 37.06 ▼ 2.29% SQM-B 71,950 ▼ 2.84% COPEC 5,861 ▼ 2.15% BSANTANDER 73.70 ▲ 1.36% FALABELLA 6,099 ▲ 0.78% ENELAM 75.30 ▼ 2.16% CENCOSUD 2,161 ▲ 2.40% CMPC 1,055 ▼ 0.94% BANCO CHILE 182.47 ▲ 1.94% LATAM AIR 25.12 ▲ 3.46% YPF 76,125 ▼ 0.72% GGAL 8,500 ▲ 1.61% PAMPA 5,220 ▲ 1.26% TXAR 680.50 ▲ 0.22% ALUAR 1,010 ▲ 0.90% TGS 9,520 ▼ 0.31% CEPU 2,361 ▼ 0.51% MIRGOR 16,825 ▼ 0.15% COME 45.80 ▲ 1.73% LOMA NEGRA 3,583 ▲ 0.21% BYMA 327.00 ▲ 4.22% TELECOM ARG 4,198 ▼ 4.06% ECOPETROL 16.58 ▲ 5.81% BANCOLOMBIA 81.45 ▲ 1.89% GRUPO AVAL 5.75 ▲ 3.05% CREDICORP 382.76 ▼ 1.08% SOUTHERN COPPER 192.93 ▲ 0.65% BUENAVENTURA 32.58 ▼ 4.85% MERCADOLIBRE 1,635 ▲ 0.20% NUBANK 12.71 ▼ 1.40% XP 15.30 ▼ 0.78% PAGSEGURO 8.82 ▼ 1.01% STONE 10.59 ▼ 1.67% GLOBANT 30.74 ▼ 11.18% TECNOGLASS 45.97 ▲ 1.86% GAP AIRPORT 254.31 ▲ 2.30% ASUR 308.21 ▲ 2.26% OMA AIRPORT 114.00 ▲ 2.21% AMX ADR 26.46 ▲ 0.04% FEMSA ADR 126.47 ▲ 0.72% CEMEX ADR 12.77 ▲ 1.35% PETROBRAS ADR 16.75 ▼ 0.24% VALE ADR 15.42 ▼ 0.71% ITAU ADR 7.79 ▼ 2.26% SANTANDER BR 5.20 ▼ 3.17% AMBEV ADR 3.13 ▼ 0.48% CSN 1.03 ▼ 8.04% GERDAU 4.17 ▼ 7.13% LATAM ADR 55.85 ▲ 2.40% BTC 62,597 ▼ 0.48% ETH 1,695 ▼ 0.85% SOL 68.43 ▼ 1.72% XRP 1.13 ▼ 1.67% BNB 573.46 ▼ 0.79% ADA 0.16 ▼ 2.22% DOGE 0.08 ▼ 1.30% AVAX 6.00 ▼ 4.87% LINK 7.85 ▼ 1.87% DOT 0.96 ▼ 1.70% LTC 43.40 ▼ 0.92% BCH 193.43 ▼ 2.96% TRX 0.32 — 0.00% XLM 0.22 ▼ 6.64% HBAR 0.08 ▼ 1.43% NEAR 2.12 ▼ 5.25% ATOM 1.82 ▲ 0.71% AAVE 72.57 ▼ 2.90% SELIC 14.25% EMBRAER 78.88 ▲ 0.18% EMBRAER ADR 60.70 ▼ 0.99% JBS 11.93 ▼ 2.37% JBS BDR 61.82 ▼ 0.82% MBRF3 15.45 ▼ 0.32% MBRFY 2.96 — 0.00% INTER 5.44 ▼ 2.16% IBOV 168,278 ▼ 0.10% IPSA 10,837 ▲ 0.24% IPC MEX 68,265 ▼ 0.06% MERVAL 3,333,407 ▲ 1.26% COLCAP 2,406.14 ▲ 1.22% BVL PERÚ 56,725.28 ▼ 2.20% USD/BRL 5.16 ▼ 0.18% USD/MXN 17.36 ▲ 0.00% USD/CLP 899.40 ▲ 0.98% USD/COP 3,432 ▼ 0.77% USD/PEN 3.38 ▼ 0.06% USD/ARS 1,451 ▲ 0.62% USD/UYU 39.97 ▲ 0.34% USD/PYG 6,069 ▲ 1.05% USD/BOB 6.86 ▲ 1.56% USD/DOP 58.33 ▼ 0.29% USD/CRC 450.55 ▲ 1.88% USD/GTQ 7.62 ▲ 2.25% USD/HNL 26.67 ▲ 1.34% USD/NIO 36.62 ▲ 0.66% USD/VES 605.87 ▲ 3.27% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.09 ▲ 0.11% USD/TTD 6.70 ▲ 0.55% EUR/BRL 5.90 ▲ 0.16% BRENT 80.16 ▲ 0.39% WTI 76.30 ▼ 0.39% IRON ORE 161.91 — — COPPER 6.35 ▼ 0.35% GOLD 4,177 ▼ 1.12% SILVER 64.93 ▼ 2.00% SOY 1,142 ▲ 0.88% CORN 444.25 ▲ 5.52% WHEAT 613.25 ▲ 0.08% COFFEE 256.10 ▼ 7.83% SUGAR 14.14 ▲ 2.09% ORANGE JUICE 158.20 ▲ 6.28% COTTON 79.33 ▲ 3.16% COCOA 4,362 ▲ 5.26% BEEF 246.75 ▼ 3.51% CATTLE 366.93 ▼ 0.14% LITHIUM 82.15 ▼ 1.11% PETR4 38.85 ▲ 0.73% VALE3 79.94 ▲ 0.20% ITUB4 40.49 ▲ 0.13% BBDC4 17.47 ▼ 0.46% ABEV3 16.22 ▲ 0.19% BBAS3 19.53 ▲ 0.62% B3SA3 14.33 ▼ 1.92% WEGE3 45.81 ▲ 4.59% PRIO3 56.97 ▲ 0.41% SUZB3 43.58 ▲ 3.20% RENT3 40.09 ▼ 1.11% AZZA3 16.21 ▼ 2.35% CSAN3 3.40 ▼ 2.02% RAIZ4 0.40 ▼ 4.76% PCAR3 1.80 ▲ 7.14% GMAT3 3.83 ▼ 0.26% PSSA3 52.48 ▲ 1.80% CVCB3 1.24 ▼ 5.34% POSI3 3.79 ▲ 1.61% SLCE3 13.54 ▼ 1.53% NATU3 7.43 ▼ 5.11% BRKM5 7.51 ▼ 10.27% RANI3 7.86 ▼ 0.13% CSNA3 5.18 ▼ 7.99% CMIN3 4.21 ▼ 1.41% USIM5 9.10 ▼ 4.81% GGBR4 21.65 ▼ 5.09% ENEV3 24.10 ▲ 0.08% NEOE3 33.80 — 0.00% CPFE3 44.01 ▲ 1.34% CMIG4 10.72 ▲ 0.75% EQTL3 36.86 ▼ 0.62% LREN3 13.99 ▼ 3.18% VIVT3 32.68 ▼ 0.55% RAIL3 12.33 ▼ 0.96% KLABIN 17.23 ▲ 1.59% RAIA DROGASIL 16.55 ▼ 5.48% RDOR3 33.25 ▲ 0.39% HAPV3 10.58 — 0.00% FLRY3 14.83 ▲ 0.95% SMTO3 14.97 ▼ 3.61% UGPA3 24.83 ▲ 2.65% VBBR3 28.59 ▲ 0.95% BBSE3 39.44 ▲ 0.36% BPAC11 50.85 ▲ 0.91% CURY3 32.72 ▲ 2.63% AERI3 2.25 ▼ 0.88% VIVARA 21.06 ▲ 1.64% COMPASS 24.70 ▼ 1.20% VAMOS 2.71 — 0.00% SANB11 26.72 ▼ 1.33% ASAI3 7.68 ▼ 1.54% SBSP3 26.90 ▼ 2.04% WALMEX 50.32 ▼ 2.84% GMEXICO 214.23 ▼ 0.22% FEMSA 219.41 ▲ 0.55% CEMEX 22.15 ▲ 1.42% GFNORTE 191.61 ▲ 0.26% BIMBO 57.16 ▼ 0.97% TELEVISA 10.52 ▲ 0.10% AMX 23.01 ▲ 0.39% GAP 441.50 ▲ 2.30% ASUR 308.21 ▲ 2.26% OMA 247.05 ▲ 1.95% KOF 190.35 ▲ 2.28% GRUMA 288.54 ▼ 1.35% KIMBER 37.06 ▼ 2.29% SQM-B 71,950 ▼ 2.84% COPEC 5,861 ▼ 2.15% BSANTANDER 73.70 ▲ 1.36% FALABELLA 6,099 ▲ 0.78% ENELAM 75.30 ▼ 2.16% CENCOSUD 2,161 ▲ 2.40% CMPC 1,055 ▼ 0.94% BANCO CHILE 182.47 ▲ 1.94% LATAM AIR 25.12 ▲ 3.46% YPF 76,125 ▼ 0.72% GGAL 8,500 ▲ 1.61% PAMPA 5,220 ▲ 1.26% TXAR 680.50 ▲ 0.22% ALUAR 1,010 ▲ 0.90% TGS 9,520 ▼ 0.31% CEPU 2,361 ▼ 0.51% MIRGOR 16,825 ▼ 0.15% COME 45.80 ▲ 1.73% LOMA NEGRA 3,583 ▲ 0.21% BYMA 327.00 ▲ 4.22% TELECOM ARG 4,198 ▼ 4.06% ECOPETROL 16.58 ▲ 5.81% BANCOLOMBIA 81.45 ▲ 1.89% GRUPO AVAL 5.75 ▲ 3.05% CREDICORP 382.76 ▼ 1.08% SOUTHERN COPPER 192.93 ▲ 0.65% BUENAVENTURA 32.58 ▼ 4.85% MERCADOLIBRE 1,635 ▲ 0.20% NUBANK 12.71 ▼ 1.40% XP 15.30 ▼ 0.78% PAGSEGURO 8.82 ▼ 1.01% STONE 10.59 ▼ 1.67% GLOBANT 30.74 ▼ 11.18% TECNOGLASS 45.97 ▲ 1.86% GAP AIRPORT 254.31 ▲ 2.30% ASUR 308.21 ▲ 2.26% OMA AIRPORT 114.00 ▲ 2.21% AMX ADR 26.46 ▲ 0.04% FEMSA ADR 126.47 ▲ 0.72% CEMEX ADR 12.77 ▲ 1.35% PETROBRAS ADR 16.75 ▼ 0.24% VALE ADR 15.42 ▼ 0.71% ITAU ADR 7.79 ▼ 2.26% SANTANDER BR 5.20 ▼ 3.17% AMBEV ADR 3.13 ▼ 0.48% CSN 1.03 ▼ 8.04% GERDAU 4.17 ▼ 7.13% LATAM ADR 55.85 ▲ 2.40% BTC 62,597 ▼ 0.48% ETH 1,695 ▼ 0.85% SOL 68.43 ▼ 1.72% XRP 1.13 ▼ 1.67% BNB 573.46 ▼ 0.79% ADA 0.16 ▼ 2.22% DOGE 0.08 ▼ 1.30% AVAX 6.00 ▼ 4.87% LINK 7.85 ▼ 1.87% DOT 0.96 ▼ 1.70% LTC 43.40 ▼ 0.92% BCH 193.43 ▼ 2.96% TRX 0.32 — 0.00% XLM 0.22 ▼ 6.64% HBAR 0.08 ▼ 1.43% NEAR 2.12 ▼ 5.25% ATOM 1.82 ▲ 0.71% AAVE 72.57 ▼ 2.90% SELIC 14.25% EMBRAER 78.88 ▲ 0.18% EMBRAER ADR 60.70 ▼ 0.99% JBS 11.93 ▼ 2.37% JBS BDR 61.82 ▼ 0.82% MBRF3 15.45 ▼ 0.32% MBRFY 2.96 — 0.00% INTER 5.44 ▼ 2.16%
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Friday, June 19, 2026

Iran Strengthens Alliance with Venezuela Amid Sanctions and Controversy

By · February 10, 2025 · 2 min read

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Iran has deepened its strategic partnership with Nicolás Maduro’s regime in Venezuela following allegations of fraudulent 2024 elections. This alliance challenges U.S. and Western sanctions, highlighting growing cooperation between two isolated regimes.

In November 2024, Iranian officials, including Defense Minister Aziz Nasirzadeh, visited Caracas for the 10th Joint Commission on Iran-Venezuela Economic Cooperation.

During the meeting with Maduro and Vice President Delcy Rodríguez, both nations signed agreements, including a visa exemption memorandum and a pact to transfer technology and train Venezuelans in artificial intelligence.

Maduro praised Iran as a “scientific and technological powerhouse” for its resilience against external pressures. Nasirzadeh underscored their shared struggle against Western sanctions, describing their alliance as one of “friends and brothers navigating together.”

The partnership includes Iran’s military presence at Venezuela’s El Libertador Air Base, where it operates a drone manufacturing facility. The base trains Venezuelan personnel to use advanced drones like the Mohajer-6 and Shahed-131, which have been deployed in conflicts such as Russia’s war in Ukraine and by militant groups in the Middle East.

Iran Strengthens Alliance with Venezuela Amid Sanctions and Controversy
Iran Strengthens Alliance with Venezuela Amid Sanctions and Controversy. (Photo Internet reproduction)
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Venezuela’s Role in Helping Iran Evade Sanctions

Beyond military ties, Venezuela helps Iran evade sanctions through a gold-for-oil scheme. Iran supplies fuel to Venezuela in exchange for gold bars, which are smuggled into markets like Turkey via Mahan Air flights between Caracas and Tehran.

Intelligence reports suggest proceeds from these operations may fund Iran’s Quds Force, an elite unit of the Islamic Revolutionary Guard Corps linked to groups like Hezbollah and Hamas.

Maduro has also offered asylum guarantees to Iranian officials facing potential crises in Tehran. This assurance was reportedly extended during a 2022 visit by representatives of Supreme Leader Ali Khamenei.

Iran’s ambassador to Venezuela, Hojat Soltani, has coordinated Tehran’s influence across sectors like oil, defense, and technology. The growing military presence and financial operations challenge Western efforts to contain Tehran’s influence.

In response, U.S. President Donald Trump recently intensified sanctions targeting Iran’s trade networks and financial activities tied to the Quds Force.

Deep Dive

For the complete picture, read our in-depth guide: Iran War and Hormuz Crisis 2026: Oil, Latin America and the Global Fallout

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