IBOV 177,310.14 ▼ 0.13% IPSA 11,020.34 ▲ 0.10% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,356,435 ▼ 0.69% COLCAP 2,313.99 ▲ 0.74% BVL PERÚ 57,575.02 — — USD/BRL5.08▲ 0.44% USD/MXN17.51▲ 0.69% USD/CLP945.50▲ 1.06% USD/COP3,215▼ 0.40% USD/PEN3.40▼ 0.15% USD/ARS1,488▲ 0.36% USD/UYU40.14▲ 1.16% USD/PYG6,025▲ 1.20% USD/BOB11.03▲ 3.57% USD/DOP57.95▼ 0.09% USD/CRC451.03▲ 2.18% USD/GTQ7.62▲ 2.29% USD/HNL26.74▲ 0.88% USD/NIO36.62▲ 0.31% USD/VES736.04▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 0.48% USD/TTD6.73▲ 1.11% EUR/BRL5.77▼ 0.46% BRENT 86.98 ▼ 7.54% WTI 91.93 ▲ 5.87% IRON ORE 161.91 — — COPPER 6.36 ▼ 1.35% GOLD 4,057 ▼ 2.16% SILVER 58.05 ▼ 3.28% SOY 1,246 ▲ 1.07% CORN 487.25 ▲ 5.47% WHEAT 701.25 ▼ 0.64% COFFEE 312.20 ▼ 1.41% SUGAR 14.73 ▼ 0.07% ORANGE JUICE 146.65 ▼ 2.43% COTTON 81.49 ▲ 2.03% COCOA 5,241 ▼ 1.63% BEEF 221.58 ▼ 0.73% CATTLE 339.73 ▼ 0.42% LITHIUM 69.20 ▲ 0.28% PETR4 43.38 ▲ 1.88% VALE3 76.93 ▲ 2.44% ITUB4 42.61 ▼ 0.68% BBDC4 18.86 ▼ 0.58% ABEV3 16.06 ▼ 0.43% BBAS3 20.94 ▼ 0.71% B3SA3 15.69 ▼ 1.32% WEGE3 45.34 ▼ 3.00% PRIO3 60.91 ▲ 1.91% SUZB3 42.31 ▼ 0.82% RENT3 37.01 ▼ 0.35% AZZA3 17.33 ▼ 2.70% CSAN3 3.92 — 0.00% RAIZ4 0.27 — 0.00% PCAR3 2.75 — 0.00% GMAT3 3.89 ▼ 0.51% PSSA3 55.46 ▲ 0.02% CVCB3 1.26 ▼ 0.79% POSI3 3.68 ▼ 0.54% SLCE3 14.00 ▲ 0.29% NATU3 8.67 ▼ 0.12% BRKM5 6.16 ▲ 1.48% RANI3 8.01 ▲ 0.13% CSNA3 5.58 ▲ 3.72% CMIN3 5.77 ▼ 1.20% USIM5 8.65 — 0.00% GGBR4 24.32 ▲ 1.08% ENEV3 25.69 ▼ 1.08% CPFE3 46.36 ▼ 0.75% CMIG4 11.15 ▼ 0.54% EQTL3 38.82 ▼ 1.35% LREN3 13.41 ▼ 0.96% VIVT3 35.01 ▼ 1.05% RAIL3 13.88 ▲ 1.76% KLABIN 17.75 ▼ 1.00% RAIA DROGASIL 18.65 ▲ 1.97% RDOR3 33.59 ▼ 2.61% HAPV3 10.90 ▼ 4.30% FLRY3 16.60 ▼ 0.30% SMTO3 16.14 ▲ 0.56% UGPA3 33.15 ▲ 0.97% VBBR3 35.23 ▲ 0.71% BBSE3 42.39 ▼ 0.45% BPAC11 56.17 ▼ 1.49% CURY3 29.53 ▼ 2.22% AERI3 2.07 ▲ 0.98% VIVARA 21.44 ▼ 0.51% COMPASS 24.85 ▲ 0.16% VAMOS 3.19 ▼ 1.24% SANB11 26.80 ▼ 0.56% ASAI3 8.23 ▼ 2.02% SBSP3 28.70 ▼ 2.01% WALMEX 47.62 ▼ 2.12% GMEXICO 214.55 ▼ 0.21% FEMSA 226.50 ▼ 0.54% CEMEX 21.72 ▼ 2.03% GFNORTE 191.57 ▼ 0.03% BIMBO 59.90 ▼ 0.66% TELEVISA 9.78 ▼ 0.41% AMX 22.77 ▲ 0.35% GAP 376.27 ▼ 0.12% ASUR 271.86 ▼ 0.61% OMA 228.60 ▼ 0.04% KOF 182.36 ▼ 0.16% GRUMA 275.56 ▼ 1.74% KIMBER 38.79 ▼ 0.08% SQM-B 66,512 ▲ 2.24% COPEC 6,500 ▼ 0.76% BSANTANDER 79.95 ▲ 0.13% FALABELLA 6,052 ▲ 0.17% ENELAM 84.50 ▼ 0.04% CENCOSUD 2,006 ▼ 0.19% CMPC 1,071 ▲ 0.06% BANCO CHILE 194.25 ▲ 0.39% LATAM AIR 23.61 ▼ 1.99% YPF 83,600 ▲ 1.33% GGAL 8,170 ▼ 1.27% PAMPA 5,600 ▼ 0.44% TXAR 664.00 ▼ 0.60% ALUAR 976.50 ▲ 0.26% TGS 10,040 ▲ 1.36% CEPU 2,383 ▼ 1.16% MIRGOR 16,675 ▼ 1.48% COME 42.74 ▼ 0.93% LOMA NEGRA 3,725 ▼ 2.23% BYMA 295.00 ▼ 0.17% TELECOM ARG 4,285 ▼ 3.05% ECOPETROL 16.82 ▲ 0.78% BANCOLOMBIA 85.77 ▲ 1.31% GRUPO AVAL 4.98 ▼ 1.19% CREDICORP 389.75 ▼ 1.00% SOUTHERN COPPER 188.47 ▼ 3.59% BUENAVENTURA 31.34 ▼ 2.34% MERCADOLIBRE 1,786 ▼ 0.72% NUBANK 14.43 ▼ 0.59% XP 17.28 ▼ 0.12% PAGSEGURO 9.48 ▼ 2.02% STONE 11.09 ▼ 2.42% GLOBANT 29.93 ▼ 2.41% TECNOGLASS 44.18 ▼ 2.30% GAP AIRPORT 216.40 ▼ 0.53% ASUR 271.86 ▼ 0.61% OMA AIRPORT 104.61 ▼ 0.70% AMX ADR 25.97 ▼ 0.57% FEMSA ADR 129.65 ▼ 0.97% CEMEX ADR 12.40 ▼ 2.52% PETROBRAS ADR 19.28 ▲ 2.04% VALE ADR 15.14 ▲ 1.95% ITAU ADR 8.38 ▼ 1.18% SANTANDER BR 5.38 ▼ 1.38% AMBEV ADR 3.13 ▼ 0.32% CSN 1.11 ▲ 1.38% GERDAU 4.79 ▲ 0.42% LATAM ADR 49.82 ▼ 2.82% BTC 64,985 ▼ 1.69% ETH 1,899 ▼ 1.79% SOL 76.62 ▼ 1.65% XRP 1.11 ▼ 2.56% BNB 567.06 ▼ 0.65% ADA 0.17 ▼ 1.67% DOGE 0.07 ▼ 3.55% AVAX 6.47 ▼ 2.22% LINK 8.49 ▼ 1.49% DOT 0.82 ▼ 2.06% LTC 46.63 ▼ 0.94% BCH 214.61 ▼ 2.44% TRX 0.33 ▼ 0.71% XLM 0.18 ▼ 2.69% HBAR 0.07 ▼ 1.44% NEAR 1.89 ▲ 0.97% ATOM 1.44 ▼ 1.81% AAVE 96.24 ▼ 1.15% SELIC 14.25% EMBRAER 83.61 ▼ 0.21% EMBRAER ADR 66.02 ▼ 0.05% JBS 12.03 ▼ 1.80% JBS BDR 61.21 ▼ 0.95% MBRF3 16.12 ▲ 0.56% MBRFY 3.11 ▼ 2.51% INTER 5.56 ▼ 2.37% EGX 53,932 ▼ 0.11% USD/ZAR16.71▲ 1.90% USD/NGN1,366▼ 0.48% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY163.93▲ 0.48% USD/CNY6.76▼ 0.12% DAX 24,844 ▼ 1.24% CAC 8,307 ▼ 1.56% FTSE 10,658 ▼ 0.55% MIB 51,544 ▼ 2.36% IBEX 19,315 ▼ 1.31% STOXX 640.48 ▼ 1.00% EUR/USD1.14▼ 0.37% GBP/USD1.33▼ 0.45% SPX 7,424 ▼ 1.00% DJI 51,722 ▼ 0.95% NDX 28,576 ▼ 1.46% RUT 2,942 ▼ 0.61% TSX 35,290 ▼ 0.55% VIX 19.13 ▲ 14.96% USD/CAD1.41▲ 0.01% US10Y 4.7050 ▲ 1.03% IBOV 177,310.14 ▼ 0.13% IPSA 11,020.34 ▲ 0.10% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,356,435 ▼ 0.69% COLCAP 2,313.99 ▲ 0.74% BVL PERÚ 57,575.02 — — USD/BRL 5.08 ▲ 0.44% USD/MXN 17.51 ▲ 0.69% USD/CLP 945.43 ▲ 1.05% USD/COP 3,215 ▼ 0.40% USD/PEN 3.40 ▼ 0.15% USD/ARS 1,488 ▲ 0.36% USD/UYU 40.14 ▲ 1.16% USD/PYG 6,025 ▲ 1.20% USD/BOB 11.03 ▲ 3.57% USD/DOP 57.95 ▼ 0.09% USD/CRC 451.03 ▲ 2.18% USD/GTQ 7.62 ▲ 2.29% USD/HNL 26.74 ▲ 0.88% USD/NIO 36.62 ▲ 0.31% USD/VES 736.04 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.48% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.77 ▼ 0.46% BRENT 86.98 ▼ 7.54% WTI 91.93 ▲ 5.87% IRON ORE 161.91 — — COPPER 6.36 ▼ 1.35% GOLD 4,057 ▼ 2.16% SILVER 58.05 ▼ 3.28% SOY 1,246 ▲ 1.07% CORN 487.25 ▲ 5.47% WHEAT 701.25 ▼ 0.64% COFFEE 312.20 ▼ 1.41% SUGAR 14.73 ▼ 0.07% ORANGE JUICE 146.65 ▼ 2.43% COTTON 81.49 ▲ 2.03% COCOA 5,241 ▼ 1.63% BEEF 221.58 ▼ 0.73% CATTLE 339.73 ▼ 0.42% LITHIUM 69.20 ▲ 0.28% PETR4 43.38 ▲ 1.88% VALE3 76.93 ▲ 2.44% ITUB4 42.61 ▼ 0.68% BBDC4 18.86 ▼ 0.58% ABEV3 16.06 ▼ 0.43% BBAS3 20.94 ▼ 0.71% B3SA3 15.69 ▼ 1.32% WEGE3 45.34 ▼ 3.00% PRIO3 60.91 ▲ 1.91% SUZB3 42.31 ▼ 0.82% RENT3 37.01 ▼ 0.35% AZZA3 17.33 ▼ 2.70% CSAN3 3.92 — 0.00% RAIZ4 0.27 — 0.00% PCAR3 2.75 — 0.00% GMAT3 3.89 ▼ 0.51% PSSA3 55.46 ▲ 0.02% CVCB3 1.26 ▼ 0.79% POSI3 3.68 ▼ 0.54% SLCE3 14.00 ▲ 0.29% NATU3 8.67 ▼ 0.12% BRKM5 6.16 ▲ 1.48% RANI3 8.01 ▲ 0.13% CSNA3 5.58 ▲ 3.72% CMIN3 5.77 ▼ 1.20% USIM5 8.65 — 0.00% GGBR4 24.32 ▲ 1.08% ENEV3 25.69 ▼ 1.08% CPFE3 46.36 ▼ 0.75% CMIG4 11.15 ▼ 0.54% EQTL3 38.82 ▼ 1.35% LREN3 13.41 ▼ 0.96% VIVT3 35.01 ▼ 1.05% RAIL3 13.88 ▲ 1.76% KLABIN 17.75 ▼ 1.00% RAIA DROGASIL 18.65 ▲ 1.97% RDOR3 33.59 ▼ 2.61% HAPV3 10.90 ▼ 4.30% FLRY3 16.60 ▼ 0.30% SMTO3 16.14 ▲ 0.56% UGPA3 33.15 ▲ 0.97% VBBR3 35.23 ▲ 0.71% BBSE3 42.39 ▼ 0.45% BPAC11 56.17 ▼ 1.49% CURY3 29.53 ▼ 2.22% AERI3 2.07 ▲ 0.98% VIVARA 21.44 ▼ 0.51% COMPASS 24.85 ▲ 0.16% VAMOS 3.19 ▼ 1.24% SANB11 26.80 ▼ 0.56% ASAI3 8.23 ▼ 2.02% SBSP3 28.70 ▼ 2.01% WALMEX 47.62 ▼ 2.12% GMEXICO 214.55 ▼ 0.21% FEMSA 226.50 ▼ 0.54% CEMEX 21.72 ▼ 2.03% GFNORTE 191.57 ▼ 0.03% BIMBO 59.90 ▼ 0.66% TELEVISA 9.78 ▼ 0.41% AMX 22.77 ▲ 0.35% GAP 376.27 ▼ 0.12% ASUR 271.86 ▼ 0.61% OMA 228.60 ▼ 0.04% KOF 182.36 ▼ 0.16% GRUMA 275.56 ▼ 1.74% KIMBER 38.79 ▼ 0.08% SQM-B 66,512 ▲ 2.24% COPEC 6,500 ▼ 0.76% BSANTANDER 79.95 ▲ 0.13% FALABELLA 6,052 ▲ 0.17% ENELAM 84.50 ▼ 0.04% CENCOSUD 2,006 ▼ 0.19% CMPC 1,071 ▲ 0.06% BANCO CHILE 194.25 ▲ 0.39% LATAM AIR 23.61 ▼ 1.99% YPF 83,600 ▲ 1.33% GGAL 8,170 ▼ 1.27% PAMPA 5,600 ▼ 0.44% TXAR 664.00 ▼ 0.60% ALUAR 976.50 ▲ 0.26% TGS 10,040 ▲ 1.36% CEPU 2,383 ▼ 1.16% MIRGOR 16,675 ▼ 1.48% COME 42.74 ▼ 0.93% LOMA NEGRA 3,725 ▼ 2.23% BYMA 295.00 ▼ 0.17% TELECOM ARG 4,285 ▼ 3.05% ECOPETROL 16.82 ▲ 0.78% BANCOLOMBIA 85.77 ▲ 1.31% GRUPO AVAL 4.98 ▼ 1.19% CREDICORP 389.75 ▼ 1.00% SOUTHERN COPPER 188.47 ▼ 3.59% BUENAVENTURA 31.34 ▼ 2.34% MERCADOLIBRE 1,786 ▼ 0.72% NUBANK 14.43 ▼ 0.59% XP 17.28 ▼ 0.12% PAGSEGURO 9.48 ▼ 2.02% STONE 11.09 ▼ 2.42% GLOBANT 29.93 ▼ 2.41% TECNOGLASS 44.18 ▼ 2.30% GAP AIRPORT 216.40 ▼ 0.53% ASUR 271.86 ▼ 0.61% OMA AIRPORT 104.61 ▼ 0.70% AMX ADR 25.97 ▼ 0.57% FEMSA ADR 129.65 ▼ 0.97% CEMEX ADR 12.40 ▼ 2.52% PETROBRAS ADR 19.28 ▲ 2.04% VALE ADR 15.14 ▲ 1.95% ITAU ADR 8.38 ▼ 1.18% SANTANDER BR 5.38 ▼ 1.38% AMBEV ADR 3.13 ▼ 0.32% CSN 1.11 ▲ 1.38% GERDAU 4.79 ▲ 0.42% LATAM ADR 49.82 ▼ 2.82% BTC 64,985 ▼ 1.69% ETH 1,899 ▼ 1.79% SOL 76.62 ▼ 1.65% XRP 1.11 ▼ 2.56% BNB 567.06 ▼ 0.65% ADA 0.17 ▼ 1.67% DOGE 0.07 ▼ 3.55% AVAX 6.47 ▼ 2.22% LINK 8.49 ▼ 1.49% DOT 0.82 ▼ 2.06% LTC 46.63 ▼ 0.94% BCH 214.61 ▼ 2.44% TRX 0.33 ▼ 0.71% XLM 0.18 ▼ 2.69% HBAR 0.07 ▼ 1.44% NEAR 1.89 ▲ 0.97% ATOM 1.44 ▼ 1.81% AAVE 96.24 ▼ 1.15% SELIC 14.25% EMBRAER 83.61 ▼ 0.21% EMBRAER ADR 66.02 ▼ 0.05% JBS 12.03 ▼ 1.80% JBS BDR 61.21 ▼ 0.95% MBRF3 16.12 ▲ 0.56% MBRFY 3.11 ▼ 2.51% INTER 5.56 ▼ 2.37% EGX 53,932 ▼ 0.11% USD/ZAR 16.68 ▲ 1.66% USD/NGN 1,366 ▼ 0.27% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY 163.93 ▲ 0.51% USD/CNY 6.7696 ▲ 0.08% DAX 24,844 ▼ 1.24% CAC 8,307 ▼ 1.56% FTSE 10,658 ▼ 0.55% MIB 51,544 ▼ 2.36% IBEX 19,315 ▼ 1.31% STOXX 640.48 ▼ 1.00% EUR/USD 1.1373 ▼ 0.32% GBP/USD 1.3325 ▼ 0.38% SPX 7,424 ▼ 1.00% DJI 51,722 ▼ 0.95% NDX 28,576 ▼ 1.46% RUT 2,942 ▼ 0.61% TSX 35,290 ▼ 0.55% VIX 19.13 ▲ 14.96% USD/CAD 1.4088 ▲ 0.04% US10Y 4.7050 ▲ 1.03%
since 2009
Thursday, July 23, 2026

Latin America Venezuela

Venezuela’s Strategic Pivot: Forging Deeper Bonds with Russia Amid Mounting Pressures

By · October 31, 2025 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

In the shadow of escalating geopolitical frictions, Venezuela and Russia have cemented a pivotal alliance through a Strategic Partnership Treaty, signed by Presidents Nicolás Maduro and Vladimir Putin on May 7, 2025, in Moscow.

Ratified by Russia’s parliament and enacted by Putin on October 27, 2025—just days ago—the 10-year pact, with automatic renewals, aims to fortify ties in energy, mining, transportation, communications, security, and counterterrorism, while rejecting unilateral sanctions as breaches of international law.

This move builds on a relationship rooted in 1945 with the Soviet Union, revitalized under Hugo Chávez’s vision of countering U.S. dominance in Latin America.

Since 2019, over 350 agreements have been sealed, including 18 high-level commissions, with Russia providing billions in loans and investments through Rosneft in Venezuela’s staggering 300 billion barrels of proven oil reserves.

Bilateral trade has climbed 64% to $200 million yearly, though ambitions run higher. The treaty spotlights joint oil and gas exploration and production boosts with eco-friendly technology.

Venezuela’s Strategic Pivot: Forging Deeper Bonds with Russia Amid Mounting Pressures. (Photo Internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

It also includes electricity upgrades to combat Venezuela’s chronic blackouts—plagues often linked to decades of socialist economic policies that have driven hyperinflation, shortages, and mass emigration.

Venezuela deepens Russia ties to counter U.S. pressure and sanctions

Behind the scenes, the alliance counters U.S. sanctions crippling both nations since the Ukraine conflict and Venezuela’s disputed 2018 election.

As U.S. warships patrol Caribbean waters and military deployments intensify, Maduro’s regime—facing scrutiny for authoritarian leanings and mismanagement—has urgently appealed to Moscow, Beijing, and Tehran for military aid.

Recent documents reveal requests for missiles, radars, upgraded aircraft, Iranian drones, and anti-espionage gear, underscoring fears of intervention.

For expats and global observers, this reveals a fracturing world order: Venezuela’s pragmatic outreach to Russia offers a bulwark against isolation, potentially stabilizing energy markets amid socialist-induced vulnerabilities.

Yet it signals broader shifts, where conservative resilience challenges entrenched Western influence, reshaping Latin America’s future and global resource dynamics.

Awareness here is key—such pacts could ripple into higher fuel prices or heightened tensions, affecting lives far beyond Caracas.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.