DRIP is trading 4.13% down at $34.32 after crude prices rose more than 3.5% on August 31, 2026, following renewed U.S.-Iran military attacks near the Strait of Hormuz.
- Reuters reported Brent at $91.25 and WTI at $86.36.
- Higher oil prices weigh on DRIP’s 2x inverse oil-and-gas positioning, reducing demand for bearish energy exposure.
- Trading activity is active during the August 31 market session, while broader U.S. markets were modestly lower.