BNO is trading at $53.19 (+3.32%) in pre-market as US strikes on Iranian launchers near the Strait of Hormuz and Iranian retaliation heightened supply-disruption risks.
- Brent crude rose more than 2% to $90.31 early August 31, 2026, directly supporting BNO’s Brent-futures exposure.
- BNO is moving with the global crude-oil market; mixed equity futures and no major US data provided limited opposing pressure.