🟢 Brent Oil ETC (BRENT.MI) is trading 4% up today as Iran adds conditions for Hormuz reopening

BRENT.MI is trading at €22.87 (+3.98%) as Iran’s conditions for reopening the Strait of Hormuz sustain crude’s geopolitical supply-risk premium.

• Tehran’s additional demands, including sanctions relief and compensation, reduced confidence in a near-term restoration of unrestricted shipping.
• Brent crude settled 4.99% higher on August 10; markets monitored renewed inflation concerns ahead of Wednesday’s U.S. CPI report.
• Broader risk sentiment remained cautious as higher oil prices pressured equities and revived concerns that energy costs could influence central-bank policy.