On Tuesday, the dollar opened showing little fluctuation, trading at R$ 5.1698, as investors processed recent comments from U.S. President Donald Trump regarding the Iran war. Trump declared that the military confrontation was 'practically over' and that the United States was ahead of its previously expected timeline of four to five weeks until resolution. This optimism surrounding the conflict's resolution contributed to a significant drop in oil prices and a general rally in global stock markets.

The day prior, on Monday, the dollar had already fallen by 1.42%, closing at R$ 5.165, indicating a trend towards greater stability in response to changing geopolitical dynamics. Oil prices, which saw dramatic fluctuations, crossing the $100 mark, also faced a downturn of over 10% as a result of this news. The market volatility was further exemplified by a bullish trend on stock exchanges worldwide, particularly benefiting sectors associated with oil production.

The Brazilian stock market reflected this positive sentiment, with a 0.86% increase, closing at 180,915 points. A substantial boost came from shares of Petrobras, Brazil's state-controlled oil company, which rose by more than 2%, underscoring the interconnectedness of geopolitical events, oil prices, and local market performance. Investors seemed hopeful about the potential for a peaceful resolution to the Iran conflict, leading to favorable market conditions.