BRE3L.MI is trading at €35.81, up 5.49%, likely supported by Brent’s Wednesday rise amid stalled US-Iran talks and Middle East supply concerns. - Brent’s November contract settled at $103.50; BRE3L.MI targets three-times daily Brent futures exposure, magnifying underlying moves. - Saudi Arabia resumed Yanbu loadings, and signs Gulf exports have recovered eased supply fears. - Brent later slipped as those recovery signs offset geopolitical concerns.