Soybean Oil Futures Hit Two-Month Low as Crude Slides After US-Iran Interim Peace Deal
2026-06-15 17:16:18
Soybean oil futures touched a two-month low, tracking losses in crude oil, after traders parsed an interim peace deal between the US and Iran to end a months-long war and reopen the Strait of Hormuz. According to Bloomberg, the move in soybean oil followed declines in energy markets.
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