IUES.L is trading at $14.58, up 3.11%, as renewed Middle East supply fears lift crude.
- On October 23, Brent rose to $114.92 and WTI to $101.22 per barrel.
- Houthi attacks on Saudi facilities and heightened U.S.-Iran tensions fueled concern about further oil disruption; no dominant-holding-specific catalyst was established.
- Energy stocks also rose premarket, with XLE advancing 0.7% in a sector report.