The conflict involving the United States, Israel, and Iran is still ongoing, with no signs of de-escalation. The Strait of Hormuz, which handles approximately 30% of the world's seaborne crude oil trade, is currently experiencing certain impacts on its navigability. Market risk aversion has rapidly intensified, leading to a significant increase in the geopolitical risk premium for international crude oil prices. Consequently, vegetable oil prices are expected to follow the upward trend of crude oil today. Amidst this unilateral upward movement, basis is anticipated to remain under pressure.