US EditionOne Tiny ETF No One Is Talking About Just Soared 289% on $100 Oil
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10 Articles
One Tiny ETF No One Is Talking About Just Soared 289% on $100 Oil
Quick Read Amplify Commodity Trust (BWET) is up 289% year to date using leverage to amplify crude moves, while Credit Suisse Crude Oil Covered Call ETN (USOI) is up only 21% year to date by selling call options for income, and United States Natural Gas Fund (UNG) has lost 89% over the past decade due to futures contango drag despite potential upside from supply disruptions. BWET maximizes upside but risks sharp losses if crude de-escalates, USO…
By Hanna Ziady - Oil prices rebounded on Tuesday and U.S. gas prices rose as Iran intensified its attacks on energy infrastructure across the Middle East and a senior regime figure suggested the crucial Strait of Hormuz would not be safe for ships in the near future. Brent crude, the global benchmark, rose 3% to around $103 a barrel, after climbing more than 4% earlier in the session. WTI, the U.S. benchmark, rose 3.7% to around $97 a barrel.
Oil Prices Climb Amid Growing Tensions in Strait of Hormuz
WEB DESK: Global oil prices rose sharply Tuesday as geopolitical tensions in the Strait of Hormuz continued to escalate, pushing main crude benchmarks above the $100 mark. The increase comes after several nations resisted former President Donald Trump’s call for international assistance to secure the vital shipping route, while Iran maintained pressure on nearby oil-producing countries. Tuesday’s gains partially reversed losses from Monday, when…
Crude Oil Prices Surge Amid Tensions in the Strait of Hormuz
Spread the loveOn March 17, 2026, crude oil prices experienced a significant surge, climbing over 2% to reach $103 per barrel. This increase comes amid escalating concerns regarding supply disruptions, particularly due to the ongoing tensions in the Strait of Hormuz, a critical shipping route that sees nearly 20% of the world’s oil supply passing through it. Tensions Rise in the Strait of Hormuz The Strait of Hormuz has become a focal point of ge
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