BRE3L.MI is trading at $12.55, up 8.1% today as Brent crude prices recover amid escalating geopolitical tensions and supply disruption concerns.
- Fresh U.S.–Iran strikes and ongoing threats to the Strait of Hormuz have pushed Brent prices higher on June 29, 2026, reversing some of the sharp losses seen earlier in the week.
- The ETC’s triple leverage is magnifying today's gains, providing a significant bounce-back following several volatile and negative trading sessions.
- Market sentiment has shifted as supply risks return to the forefront, offsetting previous downward pressure on energy benchmarks.