BRE2L.MI is trading at €86.92 (+3.98%) as Houthi attacks on Saudi Arabia and tanker incidents near the Strait of Hormuz heightened supply-disruption concerns.

  • Brent futures settled at $106.65 a barrel, up 1.8% on October 12.
  • The geopolitical risk premium was the clearest driver; possible Russian diesel supplies offered some offsetting relief.
  • BRE2L.MI provides daily 2x Brent exposure, amplifying movements in its oil benchmark.