🟢 Leveraged Volatility ETF (UVIX) is trading 2.79% up in pre-market as Trump rejects Iran’s Hormuz proposal

UVIX is trading at $36.79 (+2.79%) in pre-market amid renewed geopolitical and oil-supply concerns after President Trump rejected Iran’s Hormuz proposal.

• Crude prices rose more than 1%; weaker U.S. equity futures and a softer risk tone support demand for volatility exposure, consistent with UVIX’s pre-market gain.
• The Dallas Fed Manufacturing Index is the main scheduled U.S. economic release later today; no major CPI, GDP, jobs, or Fed-minutes release is listed.