# FACTBOX: Agriculture, metal markets wary of trade routes as Israel-Iran conflict heats up

> Iran warned on June 14 that it would target certain ships in the Persian Gulf and Red Sea if they defend Israel, as the Israel-Iran conflict escalated. Shipping of agricultural and metal products through these routes faces higher war-risk premiums, and bunker fuel and freight costs have already risen.

- Date: 2025-06-15 · published 2025-06-15T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/16935-factbox-agriculture-metal-markets-wary-of-trade-routes-as-israel-iran-conflict
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Threats to Gulf and Red Sea shipping raise freight costs and insurance for grain and oilseed cargoes, and the energy spike lifted soybean oil futures. Buyers should expect firmer freight and vegetable oil prices while the risk persists.

## Read by commodity

- SBO: bullish ▲
- WTI: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-04-06 | [The Ukraine Conflict and Other Factors Contributing to High Commodity Prices and Food Insecurity \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/4033-the-ukraine-conflict-and-other-factors-contributing-to-high-commodity-prices.md) | -1.6% | +1.6% |
| SBO | 2026-03-08 | [Oil prices surge 20% as expanding US-Israeli war with Iran cuts supplies from Mideast - CNA](https://feedsoft.ai/events/6784-oil-prices-surge-20-as-expanding-us-israeli-war-with-iran-cuts-supplies-from.md) | -0.7% | -1.2% |
| SBO | 2022-04-25 | [Ukraine, war, and global oils & fats markets – MPOC](https://feedsoft.ai/events/41952-ukraine-war-and-global-oils-and-fats-markets-mpoc.md) | +1.6% | -4.6% |
| SBO | 2026-07-24 | [Physical oil prices jump with some nearing $110 as Iran, Ukraine wars hit supply - Markets - Business Recorder](https://feedsoft.ai/events/11578-physical-oil-prices-jump-with-some-nearing-110-as-iran-ukraine-wars-hit-supply.md) | -6.6% | -2.1% |
| SBO | 2022-02-28 | [Impact Of Russia-Ukraine War On Amino Acid Market-reachever.com](https://feedsoft.ai/events/43034-impact-of-russia-ukraine-war-on-amino-acid-market-reachever-com.md) | +4.7% | +0.5% |
| WTI | 2025-06-14 | [Investors unnerved as Israel-Iran conflict fuels oil market rally \| Reuters](https://feedsoft.ai/events/10998-investors-unnerved-as-israel-iran-conflict-fuels-oil-market-rally-reuters.md) | -6.1% | -7.8% |
| WTI | 2025-06-17 | [Oil prices rise more than 4% as Iran-Israel conflict escalates \| Reuters](https://feedsoft.ai/events/10994-oil-prices-rise-more-than-4-as-iran-israel-conflict-escalates-reuters.md) | -9.9% | -6.8% |
| WTI | 2025-06-13 | [FACTBOX: Oil surges as Israel strikes Iran nuclear sites, traders eye supply risks](https://feedsoft.ai/events/10993-factbox-oil-surges-as-israel-strikes-iran-nuclear-sites-traders-eye-supply-risks.md) | +10.2% | +1.1% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/metals/061525-factbox-agriculture-metal-markets-wary-of-trade-routes-as-israel-iran-conflict-heats-up

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.