Palm Climbs to Near One-Month High as Iran Conflict Boosts Crude

Palm oil prices climbed to their highest level in nearly a month, following renewed strength in crude and other vegetable oil prices. This surge is linked to escalating military strikes between the US and Iran. Simultaneously, Bitcoin remained flat near $64,000. This stability in cryptocurrency occurred while oil reached a one-month high and the effects of the Kimi AI selloff continued to linger across the financial markets during this period of geopolitical tension.