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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.

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.

Energy Bloomberg Jul 8, 2026

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