By Utkarsh Hathi and Purvi Agarwal

July 8 (Reuters) - Most Latin American assets fell on Wednesday after U.S. President Donald Trump said the interim accord to end the war with Iran was over, sending oil prices higher and denting global risk sentiment.

Trump also said that the U.S. was likely to launch more strikes on Wednesday night and take over Iran's Kharg Island, after Tehran carried out new attacks on U.S. bases in the Gulf.

The comments come a day after fresh U.S. military strikes and Washington revoking a license that allowed Tehran to sell oil internationally. Oil prices, which had returned to pre-conflict levels after the ceasefire, rose 5% to a two-week high. O/R

Inflation worries were back in the limelight, especially in oil-importing economies. International bonds in oil importers Kenya and Sri Lanka broadly dropped over 1 cent on the dollar earlier in the session, but pared some declines.

"The bigger issue for investors is the upcoming inflation read-through... the ceasefire had helped contain some of the risk premium in oil; its collapse puts energy prices back at the center of the market outlook," said Lale Akoner, global market strategist for eToro.

"For now, this looks more like a repricing of risk than a fundamental change in the market outlook."

A global selloff in risk assets ensued with Wall Street trading lower. In LatAm, attention shifted back to geopolitical risks after weeks of domestic catalysts driving markets in the region.

Oil giants such as Brazil's Petrobras PETR4.SA and Colombia's Ecopetrol ECOPETROL.CN gained 3% and 4.7% respectively, cushioning some losses on the Brazilian .BVSP and Colombian .COLCAP benchmark indexes. Mexican equities .MXX dropped 0.9%.

The broader MSCI Latin American currency index .MILA00000CUS edged 0.5% lower, while the stocks equivalent .MILA00000PUS declined 1.4%.

The International Monetary Fund on Wednesday inched its 2026 global growth forecast lower again to 3.0%, warning of ongoing risks posed by the war in the Middle East, trade fragmentation and potential corrections in market expectations for AI.

Turkey's economic growth forecast was nudged lower to 2.9% from 3.4% - a second time this year.

Currency markets were mixed as the dollar index =USD held steady ahead of the release of minutes from the Federal Reserve's June policy meeting, which investors will scrutinize for clues on the interest-rate outlook.

The Mexican peso MXN= fell 0.6%, while Peru's sol PEN= traded 0.3% lower. Chile's peso CLP= fell the most among peers and was at its lowest since March 27, down 0.8%, tracking weakness in copper prices. MET/L

Argentina's peso ARS=RASL was flat, while its stocks .MERV gained 0.5%.

Elsewhere, central banks in Poland and Romania held interest rates steady. The National Bank of Poland said it might intervene in the FX market.

Key Latin American stock indexes and currencies:

MSCI Emerging Markets .MSCIEF	1675.21	-0.72
MSCI LatAm .MILA00000PUS	2925.55	-1.39
Brazil Bovespa .BVSP	170412.5	-0.93
Mexico IPC .MXX	66099.37	-0.86
Chile IPSA .SPIPSA	10928.21	-0.88
Argentina MerVal .MERV	3239983.39	0.5
Colombia COLCAP .COLCAP	2285.92	-0.37

Currencies	Latest	Daily % change
Brazil real BRL=	5.1563	0.03
Mexico peso MXN=	17.6074	-0.56
Chile peso CLP=	936.69	-0.76
Colombia peso COP=	3344.39	-0.42
Peru sol PEN=	3.4064	-0.28
Argentina peso (interbank) ARS=RASL	1,492.0	0.03
Argentina peso (parallel) ARSB=	1,500.0	0.99