--- title: "Latin American Governments Face Challenges Amid Global Oil-Price Surge" type: "News" locale: "en" url: "https://longbridge.com/en/news/280877812.md" description: "Latin American governments, from Panama to Chile, are struggling due to a surge in global oil prices. The economic repercussions are linked to geopolitical tensions, particularly the conflict between the U.S. and Iran. These nations, which had previously aligned with former President Donald Trump, are facing significant challenges as they deal with the impact of rising oil prices on their economies." datetime: "2026-03-28T12:40:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280877812.md) - [en](https://longbridge.com/en/news/280877812.md) - [zh-HK](https://longbridge.com/zh-HK/news/280877812.md) --- # Latin American Governments Face Challenges Amid Global Oil-Price Surge Latin American governments, ranging from Panama to Chile, are experiencing difficulties due to the global oil-price surge. Bloomberg posted on X that these nations, which had aligned politically with U.S. President Donald Trump, are now facing economic repercussions stemming from the conflict between the United States and Iran. The increase in oil prices is impacting their economies, creating challenges for these governments as they navigate the effects of the geopolitical tensions. ### Related Stocks - [ILF.US](https://longbridge.com/en/quote/ILF.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [03097.HK](https://longbridge.com/en/quote/03097.HK.md) - [603353.CN](https://longbridge.com/en/quote/603353.CN.md) - [OXY.US](https://longbridge.com/en/quote/OXY.US.md) - [BP.UK](https://longbridge.com/en/quote/BP.UK.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [03175.HK](https://longbridge.com/en/quote/03175.HK.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [ALAU.UK](https://longbridge.com/en/quote/ALAU.UK.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [DBO.US](https://longbridge.com/en/quote/DBO.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) ## Related News & Research - [Oil rises more than 1% after drone attack on UAE nuclear power plant](https://longbridge.com/en/news/286683769.md) - [Inflation surges as nearly the entire country hates Trump’s economy](https://longbridge.com/en/news/286117997.md) - [Capital Economics sees oil at $150 per barrel through 2027 in an extreme case](https://longbridge.com/en/news/286549728.md) - [Oil futures lose ground in early US trading](https://longbridge.com/en/news/287089289.md) - [US Cash Crude-Grades ease on first full day of volatile cash roll trading period](https://longbridge.com/en/news/287128260.md)