5MVW.DE is trading 3.4% up today as global oil prices surged over 5% following tanker attacks near the Strait of Hormuz and U.S. moves to restrict Iranian oil exports.

  • The ETF, which tracks the MSCI World Energy index, is seeing strong gains as both Brent and WTI crude benchmarks rally on supply disruption fears.
  • Top holdings such as Exxon Mobil, Chevron, Shell, TotalEnergies, and ConocoPhillips are driving the index higher due to their high sensitivity to crude price fluctuations.