🔴 Energy ETF (IUES.L) is trading 3.48% down as crude prices fell

IUES.L is trading at $13.76, down 3.48%, as energy shares weakened with falling crude prices.

• Early Wednesday reports put premarket WTI down 2.6% and Brent down 2.4%.
• Traders weighed the midterm outcome and prospects for US-Iran diplomacy; recovering Middle East oil shipments added to expectations of improved supply.
• The move appeared sector-specific: major US indexes were sharply higher amid energy-related selling; searched reports identified no stronger company-specific catalyst.