Iran war pushes global food markets toward crisis mode

Iran war pushes global food markets toward crisis mode

Middle East war threatens recession, food inflation and supply shocks as IMF and FAO warn Hormuz disruption could hit prices and consumers worldwide.

What caused food-price inflation in the Iran crisis?

Strait of Hormuz and Iran conflict risks driving higher food prices Food price inflation pressures are increasingly tied to the Iran crisis and the risk of regional disruptions, according to a UN linked report referenced in the feed. The broader message is that even without full escalation,…