Soybean Oil Hits Three-Week High on Renewed US, Iran Tensions

Traders brace for potential export disruptions as tensions flare around Hormuz

Oil and gas prices rise after tanker hit by missile in Strait of Hormuz

International Brent crude oil jumped nearly 5.5 percent to more than $75 per barrel as of Tuesday evening.

Natural gas costs have risen sharply following an attack on a liquefied natural gas (LNG) tanker off the Iranian coast that has reportedly left the vessel at risk of exploding.