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Event Brief

Peru confidence drops as Petroperu refinery risks halt

Peru’s business confidence fell to 44.6 in April as Petroperu faced potential refinery shutdowns.
WHO: Petroperu and Peru’s central bank (BCRP)
WHAT: Iquitos refinery paralyzed for lack of crude and confidence index turned negative
WHEN: May 8, 2026 at 2:00 PM ET
WHERE: Peru
WHY: The refinery shutdown risk and lack of crude drove the confidence decline.

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