One Peace Deal Could Erase Everything BNO Has Gained in 2026
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The US-Israeli strike on Iran closed the Strait of Hormuz in late February, disrupting ~20% of global oil and LNG supply and sending Brent crude from $61 to above $127 — a geopolitical premium that has driven United States Brent Oil Fund (BNO) up 68% year-to-date, but this entire gain depends o
Quick Read
The US-Israeli strike on Iran closed the Strait of Hormuz in late February, disrupting ~20% of global oil and LNG supply and sending Brent crude from $61 to above $127 — a geopolitical premium that has driven United States Brent Oil Fund (BNO) up 68% year-to-date, but this entire gain depends o
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