BRE3L.MI is trading at €38.12 (+12.86%) after Brent crude advanced 6.3% amid escalating US-Iran conflict and fears of prolonged supply disruption.

  • Brent settled at $107.63 on September 10, 2026, directly boosting this daily +3x Brent-linked ETC.
  • The conflict increased oil’s geopolitical risk premium.
  • Brent’s move above $100 reinforced inflation and supply-shortage concerns across global markets.