The Ibovespa index gained 1.4% to close at 183,447 on Tuesday, extending as domestic markets recovered amidst broader geopolitical volatility linked to the conflict in Iran. While initial morning sentiment was buoyed by hopes of an early de-escalation, investor caution persisted throughout the session due to reports of ongoing strikes and ambiguity regarding the security of the Strait of Hormuz. Financial heavyweights supported the index performance with gains in major institutions like Ita