Commodities: Oil Softens Ahead Of Further U.S.-Iran Talks, Rising Tariff Uncertainty
Seeking Alpha
February 23, 2026
AI-Generated Deep Dive Summary
Oil prices are facing downward pressure in early morning trading, reversing last week’s rally as markets brace for further US-Iran talks. This volatility reflects concerns over potential shifts in global oil supply and demand dynamics. Additionally, rising tariff uncertainty has added another layer of risk to commodities markets, with traders weighing the impact of potential trade policies on pricing.
The USDA reported a significant rise in net export sales of US soybeans, with figures showing a sharp increase from previous weeks. This data highlights strong demand for agricultural products despite broader trade tensions. The jump in soybean exports—from 283kt last week to 864.2kt—signals continued resilience in the sector, though analysts note that this growth may not offset concerns over tariffs and geopolitical developments.
For readers interested in finance, these trends underscore the delicate balance between commodity markets and global trade policies. Oil’s recent decline and the surge in soybean exports provide insight into how external factors like US-Iran relations and tariff uncertainties can shape market movements. Investors and traders
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Originally published on Seeking Alpha on 2/23/2026