# LatAm assets slide with global markets after Trump says Iran deal 'over' | MarketScreener

> Most Latin American assets fell on July 8 after U.S. President Donald Trump said the interim accord to end the war with Iran was over. Washington had revoked a license allowing Tehran to sell oil internationally after fresh U.S. strikes, and Trump said further strikes and a takeover of Kharg Island were likely.

- Date: 2026-07-08 · published 2026-07-08T12:00:00.000Z
- Category: geopolitics · region Global · magnitude high
- Page: https://feedsoft.ai/events/18630-latam-assets-slide-with-global-markets-after-trump-says-iran-deal-over
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Renewed Gulf conflict pushed crude up about 5% to a two-week high, raising diesel and fertilizer costs and feeding inflation worries in oil-importing economies. Higher energy costs typically support soyoil and biofuel-linked prices while weighing on risk sentiment and emerging-market currencies.

## Read by commodity

- SBO: bullish ▲
- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲
- USDBRL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WTI | 2026-07-13 | 1 | +6.7% | 3.0 | Trump declaring the Iran interim accord over, revoking Tehran's oil export license and threatening a Kharg Island takeover raised Gulf supply-risk premium, a plausible driver of a sharp WTI rally. |
| SBO | 2026-07-16 | 5 | +7.1% | 2.9 | Trump declaring the Iran deal over and revoking Tehran's oil license raised crude and geopolitical risk, which supports soybean oil via energy links. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-04-02 | [Oil price jumps and markets slide after Trump warning to Iran \| Oil \| The Guardian](https://feedsoft.ai/events/12923-oil-price-jumps-and-markets-slide-after-trump-warning-to-iran-oil-the-guardian.md) | -2.2% | +6.1% |
| WTI | 2019-06-20 | [US oil surges to $56.65 after Trump says Iran made a 'mistake'](https://feedsoft.ai/events/12317-us-oil-surges-to-56-65-after-trump-says-iran-made-a-mistake.md) | +10.2% | +2.6% |
| WTI | 2026-04-01 | [Oil soars then retreats, gold drops as Iran war jolts global commodity markets](https://feedsoft.ai/events/6640-oil-soars-then-retreats-gold-drops-as-iran-war-jolts-global-commodity-markets.md) | -6.6% | +6.7% |
| WTI | 2025-06-13 | [WTI crude surges after Israel attack on Iran \| Latest Market News](https://feedsoft.ai/events/11155-wti-crude-surges-after-israel-attack-on-iran-latest-market-news.md) | +10.2% | +1.1% |
| WTI | 2026-01-14 | [WTI Nears Three-Month High As Iranian Protests Stoke Global Oil Market Concerns](https://feedsoft.ai/events/11395-wti-nears-three-month-high-as-iranian-protests-stoke-global-oil-market-concerns.md) | -0.8% | +6.2% |
| BRENT | 2026-04-02 | [Oil price jumps and markets slide after Trump warning to Iran \| Oil \| The Guardian](https://feedsoft.ai/events/12923-oil-price-jumps-and-markets-slide-after-trump-warning-to-iran-oil-the-guardian.md) | -2.8% | +8.2% |
| BRENT | 2019-06-20 | [US oil surges to $56.65 after Trump says Iran made a 'mistake'](https://feedsoft.ai/events/12317-us-oil-surges-to-56-65-after-trump-says-iran-made-a-mistake.md) | +7.0% | +2.1% |
| BRENT | 2026-04-01 | [Oil soars then retreats, gold drops as Iran war jolts global commodity markets](https://feedsoft.ai/events/6640-oil-soars-then-retreats-gold-drops-as-iran-war-jolts-global-commodity-markets.md) | -12.2% | -1.1% |

## Sources

- marketscreener.com: https://www.marketscreener.com/news/latam-assets-slide-with-global-markets-after-trump-says-iran-deal-over-ce7f5ed9db80f024

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.