IUES.L is trading at $14.81, up 4.74%, after Friday’s oil rally heightened supply-disruption concerns following Houthi attacks in Saudi Arabia.
- Brent settled at $116.72, up 3.14%; the S&P 500 energy sector rose 2.5% that session.
- The catalyst was geopolitical and sector-wide, with renewed concern over Saudi energy infrastructure and Middle East oil flows.
- The last stated session ended October 23; volume/activity data was not provided. Monday’s early oil pullback suggests Friday’s repricing, not a new Monday oil surge.