The Ibovespa edged down to hover near 192,000 on Thursday as Iran tightened its grip on the Strait of Hormuz, renewing shipping concerns with no sign of resumed peace talks. On Wednesday, Iran captured two ships attempting to exit the Strait and demanded the US lift its naval blockade, which remains in effect despite President Trump's indefinite ceasefire extension. Oil prices rose, fueling fears of energy-driven stagflation and rate hikes. Bond yields climbed, pressuring banks amid concerns over weaker credit demand; Banco do Brasil, Ita