
UN Warns of Global Food Crisis if Strait of Hormuz Blocked
A United Nations agency has issued a warning that the world could face a global food crisis or 'catastrophe' if disruptions in the Strait of Hormuz persist. The agency emphasized the strait's critical importance for global food security.
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World faces food ‘catastrophe’ if Strait of Hormuz disruption persists: FAO
Global agriculture is highly exposed to the blockage of waterways, risking higher commodity prices and food inflation.
Read full article →Food shortages and rising costs: UN agency warns of global food crisis if Hormuz remains blocked
The closure of the narrow waterway, which normally carries around a fifth of global Liquified Natural Gas supplies, will have a rippling impact beyond the Middle East, Maximo Torero warned.
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