Peru’s Oil Industry Is Bouncing Back Despite Election Chaos

Even after surviving an extremely difficult 2020, marred by a constitutional crisis, violent protests, and the COVID-19 pandemic, there are signs of worse ahead for Peru’s beaten-down oil industry. The Andean country was engulfed by political turmoil in the lead-up to the 2021 presidential elections with two controversial candidates reaching the second-round run-off. After a close-run vote, leftist Pedro Castillo appears to have emerged victorious over business-friendly Keiko Fujimori, daughter of disgraced former president Alberto Fujimori who…