BRE3L.MI is trading at €39.29, up 9.72% at the October 1, 2026 close, as renewed concern about Middle East supply disruptions lifted Brent.

  • Brent futures settled at $102.31 after a reported 4.4% gain.
  • Reports of additional U.S. military deployment and stalled U.S.–Iran talks reinforced the oil-market risk premium.
  • BRE3L.MI’s 3x daily long exposure amplified the underlying Brent move; no fund-specific catalyst is evident.