![The Weekly Break Out Ep. 22: How the US hit Iran, and spooky space moves [Video]](https://breakingdefense.com/wp-content/uploads/sites/3/2025/06/250622_b2_takeoff_USAF-scaled-e1750776866152.jpg?#)
ICE cotton up despite crude drop, dry weather & Middle East tensions
ICE cotton futures rose on Monday, supported by dry weather across US cotton-growing regions, despite a sharp fall in crude oil prices. Geopolitical tensions escalated following Iran’s missile attack on a US base, yet the Strait of Hormuz remained open, easing market fears. Meanwhile, heatwaves are stressing crops, supporting prices. Brazil's cotton exports fell in June and May 2025.
ICE cotton futures rose on Monday, supported by dry weather across US cotton-growing regions, despite a sharp fall in crude oil prices.
Geopolitical tensions escalated following Iran’s missile attack on a US base, yet the Strait of Hormuz remained open, easing market fears.
Meanwhile, heatwaves are stressing crops, supporting prices.
Brazil's cotton exports fell in June and May 2025.
