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Latin America's uneven energy shock hits diverse nations
Latin American oil wealth and import dependence shape a mixed crisis. Uruguay faces $2.30 gasoline, power cuts, and rations while Venezuela and Colombia enjoy lower prices and rising oil revenues. Peru curbs driving with two nonconsecutive days weekly, subsidies shield consumers, and Argentina shows little change. Brazil raises prices, Chile contemplates more, and regional producers seek self sufficiency amid inflation pressures.
MENTIONED IN THIS ARTICLE
Caracas
Venezuela
Latin America
Middle East
Ecuador
Colombia
Bolivia
Uruguay