BRE2L.MI is trading at €51.73, down -5.79%, as its leveraged exposure amplified Brent’s decline.
- Brent crude settled 3.9% lower at $88.58 on August 25, reaching a one-week low.
- Traders viewed expanded U.S. sanctions on Iran as less disruptive to oil supplies than feared.
- Improved Strait of Hormuz shipping prospects and profit-taking added pressure to crude prices.