BRE3L.MI is trading at €33.78, up +10.34% on September 9 as Brent crude surpassed $100 amid escalating U.S.-Iran attacks.

  • Brent reached $100.45, up 2.58%; earlier reporting put it at $97.92 amid Gulf shipping risks.
  • The attacks included destruction of five Iranian oil tankers; Houthi attacks temporarily halted operations at Saudi energy facilities, tightening perceived regional supply risks.
  • Because BRE3L.MI provides daily +3x Brent futures exposure, the underlying oil surge was amplified in the ETC.