VVMX.DE is trading at €12.45, down -3.16%, as escalating U.S.–Iran military tensions push Brent crude above $100 and revive global inflation concerns.

  • Brent was reported at $101.06, up 3.2%, amid fears of supply disruption.
  • Higher energy costs and firm Treasury yields are pressuring equities and economically sensitive materials exposure; the August PPI release adds rate uncertainty.
  • Weaker equity-market sentiment is amplifying selling across strategic-metals holdings; the move appears primarily macro-driven rather than linked to a single dominant ETF constituent.