BRENT.MI is trading at €24.38 (+3.50%) after the United States struck Iran’s Larak Island and Tehran retaliated, escalating conflict around the Strait of Hormuz.
- Brent futures gained 3.58% to $91.25 on August 31, 2026, as traders priced in increased risks to oil shipping and supply routes.
- The move appears commodity-specific: U.S. equity futures were modestly lower, while oil climbed above $90 amid renewed Gulf tensions.