🟢 Brent Oil ETC (BRE2L.MI) is trading 6.51% up amid renewed Strait of Hormuz supply risks

BRE2L.MI is trading higher amid elevated Brent prices and renewed supply-risk concerns.

• Price: €78.17; % Change: +6.51%. No trading-volume data was provided.
• Reports of increased Iranian attacks on vessels transiting the Strait of Hormuz and escalating hostilities supported oil prices; traders weighed increased shipments and the IEA’s accelerated stockpile release.
• Brent closed October 7 at $100.20 a barrel, down 0.38%, after a volatile session; reports put Brent above $101 during Wednesday trading. The ETC’s larger move remains unclear.