BRE3L.MI is trading at €22.37 (+19.54%) as Brent crude prices surge following military strikes in the Middle East and fears of regional retaliation.
- Brent jumped 7.3% to $88.09 on July 29 after U.S.-Saudi strikes on Iran-backed militias sparked supply disruption concerns.
- The rally in oil prices significantly boosted this 3x leveraged Brent oil ETC amid worsening risk sentiment and rising inflation fears.