Is Latin America paying the price for a war it had no say in?

When tensions escalate between Iran and the United States, attention usually turns to the Gulf, Israel, maritime routes, and oil markets. But that focus obscures a quieter and more complex arena: Latin America. The region may lie far from the immediate battlefield, yet it is not insulated from the fallout. For Latin America, a war involving Iran is not just a distant geopolitical crisis. It quickly becomes an economic one, driving up fuel costs, disrupting shipping, threatening fertilizer supplies, unsettling agricultural trade, and adding fresh pressure to inflation and growth.  How a region far from the conflict still ends up paying part of its price. Brazil stands out in this regard, not because its economy is the weakest in the […]