Peru's state-owned oil refinery faces mounting operational losses and is now actively seeking private sector involvement to turn things around. The government is on the hunt for experienced managers and investors willing to step in and overhaul the facility's performance. This move reflects broader challenges facing Latin America's energy infrastructure—aging facilities, operational inefficiencies, and the pressure to maintain competitiveness in volatile global oil markets. Such fiscal pressures in emerging markets often correlate with currency volatility and capital flows, factors that crypto traders should keep an eye on when monitoring macro conditions.