On Friday, the dollar began trading at R$ 5.31, reflecting investor caution amid rising tensions in the Middle East, particularly due to ongoing conflict involving the US and Israel targeting Iran and Lebanon. This marked the seventh day of conflict, during which the US government announced a significant escalation in military operations against Iran, including increasing attacks on its missile programs and strategic infrastructure connected to the Iranian leadership.

The rising instability in the region has led to concerns about potential impacts on the global oil market, prompting Brent crude futures to rise over 4% in early trading, reaching $89.38 per barrel. Investors are particularly wary of how the Middle East conflict will affect oil prices, as the forecast of escalating military engagement suggests a tight supply situation that could drive prices even higher.

In the Brazilian market, attention is also drawn to local business activities with the opening of the Bovespa index scheduled for 10 AM. The interplay between international conflicts and domestic economic indicators, especially employment data from the US, continues to be a central focus for investors navigating this complex financial landscape.