# Colombian peso gains on oil, Mideast tensions

> 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%.

- Date: 2018-04-11 · published 2018-04-11T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude low
- Page: https://feedsoft.ai/events/65789-colombian-peso-gains-on-oil-mideast-tensions
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

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.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- USDCOP: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2019-05-27 | [Oil up more than 1% on Mideast tensions and supply cuts](https://feedsoft.ai/events/59236-oil-up-more-than-1-on-mideast-tensions-and-supply-cuts.md) | -8.5% | -1.9% |
| WTI | 2025-12-29 | [USD/CAD slips to near 1.3650 as Oil prices gain on Middle East tensions](https://feedsoft.ai/events/21733-usd-cad-slips-to-near-1-3650-as-oil-prices-gain-on-middle-east-tensions.md) | +2.7% | +9.7% |
| WTI | 2024-07-31 | [Oil gains nearly 3% on rising Mideast tension, falling US crude stockpiles \| Reuters](https://feedsoft.ai/events/29439-oil-gains-nearly-3-on-rising-mideast-tension-falling-us-crude-stockpiles-reuters.md) | -2.1% | +0.6% |
| WTI | 2024-09-30 | [Crude Rallies on Middle East Tensions](https://feedsoft.ai/events/28488-crude-rallies-on-middle-east-tensions.md) | +9.1% | +5.0% |
| WTI | 2026-10-02 | [Oil Rises as Mideast Tensions Sustain Supply-Disruption Fears](https://feedsoft.ai/events/9320-oil-rises-as-mideast-tensions-sustain-supply-disruption-fears.md) | -1.5% | +5.6% |
| BRENT | 2019-05-27 | [Oil up more than 1% on Mideast tensions and supply cuts](https://feedsoft.ai/events/59236-oil-up-more-than-1-on-mideast-tensions-and-supply-cuts.md) | -9.0% | -4.9% |
| BRENT | 2025-12-29 | [USD/CAD slips to near 1.3650 as Oil prices gain on Middle East tensions](https://feedsoft.ai/events/21733-usd-cad-slips-to-near-1-3650-as-oil-prices-gain-on-middle-east-tensions.md) | +0.4% | +7.2% |
| BRENT | 2024-07-31 | [Oil gains nearly 3% on rising Mideast tension, falling US crude stockpiles \| Reuters](https://feedsoft.ai/events/29439-oil-gains-nearly-3-on-rising-mideast-tension-falling-us-crude-stockpiles-reuters.md) | -3.0% | +2.0% |

## Sources

- reuters.com: https://www.reuters.com/article/emerging-markets-latam/emerging-markets-colombian-peso-gains-on-oil-mideast-tensions-idUSL1N1RO1W6/

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