Sectors
Energy
4 analyses
- September 22, 2026 Chile
The U.S. diesel ban never came, but it showed that Chile is the South American country with the least room to face it
Between September 22 and October 2, the White House discussed banning diesel exports for 90 days and backed off after a G7 agreement. Chile bought more than 3.8 billion of the 4 billion dollars of diesel it imported this year from the United States, weakened the mechanism that cushioned the price in March, and is not part of the group that received the guarantee.
Confidence
66%
- September 22, 2026 Ecuador
Ecuador tripled industry's power cuts in three weeks to spare households, and the worst period has not yet begun
Since October 12, 185 large industrial firms and about 8,900 medium-voltage companies have been without grid power three days a week, and the largest pay 30 cents of a dollar per kilowatt-hour, against 12 until September. The government says the worst of the drought runs from late November to February; the country's main reservoir is already eight meters from the critical level.
Confidence
70%
- September 18, 2026 Bolivia
Bolivia ended cheap diesel on the day it approved the IMF loan, and the agreement already puts gasoline on the clock for 2027
The September 18 decree took diesel from 9.80 to 17.95 bolivianos per liter and tied it to the international price, on the same day Congress approved a US$1.9 billion IMF loan. The agreement calls for ending all fuel subsidies from 2027, including the gasoline subsidy, which the government says is not on the agenda.
Confidence
72%
- August 16, 2026 Peru
Peru answers the diesel spike with 4 soles a gallon, and the sharpest price pressure sits where the subsidy does not reach
Emergency Decree 007-2026 assigns up to 105 million Peruvian soles — around 31 million dollars — to a subsidy of 4 soles per gallon of diesel for authorized passenger and freight transport, over three months. Annual inflation reached 4.07% in July, the fifth straight month above the central bank's target, and the country's steepest rise is in Puerto Maldonado, in the Amazon, at 7.96%.
Confidence
74%