The Ibovespa rose 1.5% to trade above 173,500 on Monday after the US and Iran announced a preliminary peace agreement aimed at ending the conflict. US President Trump said the deal would halt hostilities and reopen the Strait of Hormuz. Oil prices fell, easing concerns that an energy-driven inflation spike could trigger a hawkish shift by global central banks. Bond yields declined, reducing worries over higher borrowing costs. Banks posted gains, with Ita