🟢 Volatility ETF (UVIX) is trading 6.16% up as Middle East tensions push oil toward $112

UVIX is trading at $37.00, up 6.16%, as oil-supply concerns and equity-market risk aversion lift demand for volatility exposure.

• Renewed Middle East tensions and attacks in Saudi Arabia pushed oil toward $112 a barrel, heightening supply and inflation concerns.
• Weak U.S. equity futures and renewed worries about AI spending after Tesla and Meta results added to risk aversion.
• UVIX seeks twice the daily performance of an index of front- and second-month VIX futures.