🟢 BRE3L.MI is trading 13.19% up today as Brent crude rebounds on U.S.–Iran escalation and IEA outlook

BRE3L.MI is trading at €15.00, up 13.19%, reflecting a sharp rebound in Brent crude prices following a recent retracement.

• The move follows renewed focus on supply risks stemming from the U.S.–Iran escalation in the Strait of Hormuz.
• Shifting demand expectations after the IEA’s outlook are driving fresh volatility and a leveraged reaction in Brent-linked products.
• As a 3x leveraged long ETC, the instrument is amplifying the underlying gains in the Brent crude market.