🟢 BNO is trading 3.72% up today on supply disruption fears following tanker attacks and Iran sanctions

BNO is trading at a notional $43.49, up 3.72% in pre-market tracking a sharp rebound in Brent crude prices amid escalating geopolitical tensions.

• Brent crude surged more than 5% overnight following reports of tanker attacks near the Strait of Hormuz and U.S. moves to revoke Iran’s oil-sale license.
• The rally in oil-linked instruments stands in contrast to broader equity index futures, which are currently trading lower despite the spike in energy commodities.