As Iran crisis drags on, fears of global food crisis grow
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As Iran crisis drags on, fears of global food crisis grow
"Food prices will definitely rise in the coming months, making it more difficult for many people around the world to afford adequate and healthy diets. Poor people in Africa and Asia will be hurt the most because they have to spend a high share of their income on food anyway."
"A prolonged crisis in the strait, which Iran has closed in retaliation for the United States and Israel's war, could lead to a global food catastrophe. Countries like India, Bangladesh, and Egypt are among those most at risk."
"Nearly 45 million more people could face acute food shortages if the conflict continues into the middle of the year and oil prices remain above $100 a barrel."
The conflict has led to a surge in fuel and fertilizer prices, with analysts predicting a significant impact on food costs. The true effects are yet to be felt due to delays in price adjustments. The severity of the fallout depends on the duration of shipping disruptions in the Strait of Hormuz, a critical route for global fertilizer and oil. Poor populations in Africa and Asia are particularly vulnerable, facing increased hunger and undernutrition. The FAO warns of a potential global food catastrophe if the crisis continues.
Read at www.aljazeera.com
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