The period for party conventions begins on July 20, the war between the U.S. and Iran has once again increased oil prices, and the Central Bank faces uncertainty regarding interest rates

BRAZIL POLITICS - Report 09 Jul 2026 by Murillo de Aragão and Cristiano Noronha

The period for party conventions begins on July 20. The main parties with presidential candidates have already scheduled the dates of their respective conventions. Flavio Bolsonaro is expected to choose a female running mate with the aim of reducing his resistance among female voters. The war between the United States and Iran has once again put pressure on oil prices, with the price per barrel again surpassing US$80. The situation is a concern for Brazil. There is also concern within the government because the resumption of the conflict could compromise the Central Bank’s ability to reduce interest rates, as inflation may remain under pressure due, among other factors, to uncertainty in the external environment.

Now read on...

Register to sample a report

Register
Must have at least 8 characters
Sign-in
Forgot your password?
Copyright 2026 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.