DRIP is trading 3.6% up at $38.32 after crude prices fell overnight on renewed hopes that Iran-Oman talks could reopen the Strait of Hormuz and ease supply constraints.
- Brent declined 2.6% and WTI dropped 2.53% by 0447 GMT on August 26, 2026.
- The move follows DRIPβs 3.85% gain on August 25 and reflects its inverse exposure to oil-and-gas exploration stocks, rather than a company-specific announcement.
- Broader equities were mixed in pre-market trading.