BRE3L.MI is trading at €21.76, +5.07%, benefiting from continued strength in Brent crude as fading U.S.–Iran deal hopes and attacks on shipping vessels increase fears of prolonged supply disruptions around the Strait of Hormuz.
- Its daily +3x structure magnifies the underlying oil move.
- Brent was reported near $89.61–$89.67 on August 12, 2026, extending its rally.
- The pending U.S. CPI release adds volatility through inflation and Federal Reserve expectations.