UVIX is trading at $34.80, up 2.82% in pre-market, as overnight concerns over shipping attacks and supply disruption near the Strait of Hormuz supported demand for volatility. - Brent crude rose above $102 amid the concerns. - Elevated Treasury yields and softer equity futures added to the cautious backdrop; UVIX’s move is consistent with broader risk aversion, though index-futures declines were modest. - Weekly jobless claims are the main U.S. data release later.