How is the Iran-Israel conflict affecting Mexico? These products are expected to rise.

Although Mexico is geographically far from the Middle East, the conflict between Iran and Israel is already beginning to impact the Mexican economy . Experts warn that an escalation of war in that region could have direct effects on Mexicans' pockets, primarily on products such as gasoline , food , and transportation services .

According to energy analysts cited by Infobae, the main impact on Mexico would be higher prices for oil and its derivatives , such as gasoline and diesel. Iran is one of the world's largest crude oil producers, and any tension in the Strait of Hormuz , through which nearly 20% of the global supply passes, could trigger international prices.

According to reports from GasBuddy and the New York Stock Exchange, following the recent attacks, oil prices rose as much as 14% in a single night . "The situation is worrying. If Iran views the attacks as a declaration of war, the global oil flow could be compromised," said energy expert Patrick De Haan.

For Mexico, this is a problem, since although we export crude oil, we import more than 70% of the gasoline we use. In other words, rising global prices increase what we pay here, driving up inflation , affecting everything from transportation to the price of basic goods.

In times of uncertainty, markets tend to seek refuge in strong currencies like the dollar. This causes currencies like the Mexican peso to depreciate , something that has already been observed in recent weeks, affecting investments and making imported goods more expensive.

"The Mexican economy is vulnerable to these types of external shocks," said analysts consulted by El Financiero. Furthermore, geopolitical volatility is causing international investors to reevaluate their risks, reducing capital in emerging markets like Mexico.

The conflict could also affect Mexico's diplomatic relations and foreign policy , especially if the United States decides to become involved in supporting Israel. This would put pressure on the policy of non-intervention that Mexico has historically defended before organizations like the UN.

"The Ministry of Foreign Affairs expresses its deep concern and calls for peace. Mexico has always supported diplomatic dialogue," the Mexican Embassy in Israel said in a recent statement.

The conflict could also generate internal tensions in Mexico, especially on social media and in communities with roots in the Middle East. Peaceful protests and heated debates have occurred on several occasions during other conflicts, demonstrating the sensitivity of the issue among public opinion.

The Ministry of Foreign Affairs (SRE) warned that travel restrictions, stricter controls, and flight cancellations to the Middle East, the United States, and Europe could be imposed.

"We invite the Mexican community in Israel to register in the Registration System for Mexicans Abroad (SIRME) and to monitor consular alerts," the Embassy stated in a recent publication.