Last week, Brent crude broke through US$100 a barrel and hit a four-month high of US$109.97 on 11 September, as tensions around the Strait of Hormuz escalated. Oil has remained elevated since, with Brent still above US$100 on 16 September. For Bursa Malaysia investors and traders, it felt like a blast from the past. Glove makers surged unexpectedly over the last 5 trading days to 15 September. Top Glove Corporation Berhad (KLSE: TOPGLOV) led the pack with +27.56%, while Hartalega Holdings Berhad (KLSE: HARTA) jumped by 23.81%. Kossan Rubber Industries Berhad (KLSE: KOSSAN) and Supermax Corporation Berhad (KLSE: SUPERMX) also chalked up gains of +17.14% and +14.08% respectively. Yes, this may look like déjà vu. But there is no pandemic-driven demand shock this time. So what is driving share prices up? A tale of gloves and oil If you know the glove-making business, you’ll know that many modern medical gloves are made from nitrile butadiene rubber, or NBR....