
The Colombian peso rose 1.93% to 2719.25 per dollar, leading Latin American currency gains. Oil prices surged after Donald Trump threatened missile strikes on Syria and Saudi Arabia intercepted missiles over Riyadh amid Houthi attacks.
Colombia's IGBC stock index rose 1.57%.
Higher crude prices from Middle East tensions lift energy costs and can support biofuel-linked feedstock values, while a firmer peso shifts the cost of imported feed ingredients for Colombian buyers.
After 626 past bullish geopolitics events, Crude Oil (WTI) moved a median +2.1% over 5 sessions (62% higher; middle half -2.3% to +8.5%), and +1.6% over 20.
After 656 past bullish geopolitics events, Crude Oil (Brent) moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.