🟢 Commodities Focused ETF (BNO) is trading 3.76% up in pre-market on Middle East supply disruption fears

BNO is trading 3.76% up in pre-market as escalating U.S.-Iran military action intensifies fears of Middle East supply disruptions.

• Brent crude settled at $101.21 on September 9, up 3.4%, after attacks involving Iranian tankers and regional shipping pushed the benchmark above $100.
• BNO’s close rose to $59.32 on September 9 from $57.73 on September 8.
• Broader equities weakened as higher energy prices revived inflation concerns, reinforcing demand for energy exposure.