BRENT.MI is trading at €22.00, down 5.8% today as easing U.S.–Iran tensions and reports of negotiations reduce the perceived risk of supply disruptions.
- The move reflects a sharp pullback in Brent-linked products, reversing the geopolitical risk premium previously priced into global oil markets.
- The decline follows a broader drop in Brent crude prices from the previous close of €23.34 recorded on July 31, 2026.