WARP is trading at $20.07 (-3.27%) as rising oil and Treasury yields weigh on equities and risk-sensitive assets.

  • Attacks in Saudi Arabia and renewed Iran-related tensions pushed Brent crude above $105, reviving energy-supply and inflation concerns.
  • WARP’s industrials, communications-services, and technology exposure may amplify the pressure; no specific holding was identified as the driver.
  • Fresh hawkish Fed commentary and broad equity declines also shaped the market backdrop.