US EditionProtracted Hormuz crisis could trigger agrifood catastrophe, UN food agency says
FAO says 30% of crude oil and up to 30% of fertilizers are not moving, raising the risk of higher food prices and lower yields.
- Talks mediated by Pakistan this weekend failed to resolve the Strait of Hormuz crisis, leaving many vessels stranded in the Gulf with new shipments yet to enter the corridor.
- Chief Economist Torero warned that 30 to 35 per cent of crude oil, 20 per cent of natural gas, and between 20 to 30 per cent of fertilizers remain stuck in the Gulf.
- Agrifood Economics Division Director David Laborde said the world is entering a phase where supplies tighten as Farmers face mounting pressure from rising input costs and uncertainty.
- Rising food prices hit poorer households hardest, and Laborde warned that if demand for biofuels increases while input supplies remain low, food prices will rise further.
- The FAO stresses that a full-blown food crisis is not inevitable, but urged that diplomatic solutions are needed, with short-term priorities including supporting vulnerable Farmers.
24 Articles
24 Articles
Many poor countries have already begun their field work, but are facing a shortage of fertilizers that threatens to ruin the harvests of 2026 and 2027.
UN Food Agency Issues Warning on Extended Strait of Hormuz Closure
The U.N. Food and Agriculture Organization (FAO) warned on April 13 that ships with agricultural products must be allowed to transit through the disputed Strait of Hormuz, saying a protracted closure could trigger spikes in inflation later in 2026. “The clock is ticking,” FAO Chief Economist Maximo Torero said, according to a U.N. statement, noting that poorer nations could be at risk of not being able to obtain scarce fertilizer and energy inpu…
Protracted Hormuz crisis could trigger agrifood catastrophe, UN food agency says
ROME, April 13 (Reuters) - A prolonged crisis in the Strait of Hormuz could trigger a global agrifood catastrophe by disrupting fertiliser and energy exports, driving up food prices and squeezing crop yields, the U.N. Food and Agriculture Organization said on Monday. FAO Chief Economist Maximo Torero said poorer countries were most exposed because planting calendars meant delays in access to key inputs could quickly translate into lower output, …
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