Extended Iran conflict could throttle global food supplies, warns fertiliser giant
TL;DR
Yara International CEO Svein Tore Holsether warns that an extended Iran conflict could disrupt Gulf fertiliser supplies and spike gas costs, pushing up fertiliser prices and potentially cutting some crops’ yields by up to 50%, threatening global food security and hitting poorer countries hardest as Europe may outbid them in a global market.
- Global food supplies could be badly hit if Iran war drags on, says fertiliser boss The Guardian
- The Iran war's looming economic threat: Higher food prices NBC News
- Fuel Shortages From War Begin to Threaten Global Food Supply Bloomberg.com
- Iran war deprives US farmers of affordable fertilizer as spring planting looms Reuters
- Fears of a food shock rise as midterms loom Axios
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Read on The Guardian