BRE3L.MI is trading at €20.14, up 5% today, as Brent crude prices surge toward the $90 mark amid ongoing Middle East tensions.

  • The move extends a sharp rally seen since mid-July, fueled by a rebound in global oil benchmarks and persistent geopolitical risk.
  • As a 3x leveraged long product, the ETF is designed to significantly amplify the daily price movements of the underlying Brent oil futures.