BRENT.MI is trading at €30.01, up 3.95%, as a sharp Brent crude rally amid Gulf supply-disruption fears lifts the ETC. - Brent rose above $105 a barrel on October 8 as attacks on shipping in the Gulf and Strait of Hormuz raised supply concerns. - Explosions in Riyadh, escalating Houthi attacks and reports of possible U.S. action against Iran heightened market anxiety. - The ETC aims to reflect daily percentage changes in Brent crude, making the rally its direct catalyst.