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Bloomberg Línea reports that gasoline prices rose in Latin America amid the Middle East war, with Uruguay the most expensive at US$8.7 per gallon. Jonathan Fortun of the IIF said fuel prices no longer track oil mechanically, noting Brent fell from near US$118 to about US$72 by July while relief reached pumps unevenly because of taxes, subsidies and fiscal capacity. He said Brazil's gasoline rose 6.3% year on year, and that if oil holds, the second half should bring gradual relief.