Soybean Oil Hits Three-Week High on Renewed US, Iran Tensions
Chicago soybean oil futures climbed to a three-week high after fresh US military strikes on Iran sent crude oil prices higher, raising the prospect of greater demand for biofuel feedstocks.
By Ben Westcott · Bloomberg Markets
Chicago soybean oil futures climbed to a three-week high after fresh US military strikes on Iran sent crude oil prices higher, raising the prospect of greater demand for biofuel feedstocks.