DRIP is trading at $34.46, down -2.07%, as renewed U.S.–Iran tensions keep crude prices elevated and threaten Middle East supply flows.
- Brent remained near $93 on August 21, while oil stayed on track for a second consecutive weekly gain.
- DRIP seeks leveraged inverse exposure to oil-and-gas exploration and production stocks, so stronger crude prices pressure the fund. The decline continues its multi-session slide after oil strengthened August 20.
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