🟢 Brent Oil ETC (BRE2L.MI) is trading 3.45% up as Hormuz talks fail to reach agreement

BRE2L.MI is trading at €51.22 (+3.45%) after U.S.-Iran negotiations over reopening the Strait of Hormuz failed to produce an agreement.

• Iran’s demands for compensation, sanctions relief, and an end to military pressure raised fears that shipping disruptions will persist, supporting oil prices near one-week highs.
• BRE2L.MI’s daily +2x Brent exposure magnifies the underlying commodity move.