War in Iran threatens fresh food-price shock across developing world - Reuters
War in Iran threatens fresh food-price shock across developing world Reuters
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<a href="https://news.google.com/rss/articles/CBMiuwFBVV95cUxNUmsyNFJRN1J6NDMtV2ZPdDFJb3ZjclFjZUpaQWRDang2QUxZSHFaQUNuMG9ZNXFOZ2ZSVjVCNDdGRF9WTzB5REFVX3l3Y0hmc0ZYNHl5cDRINDZTZmdQOC16MXVoZEZNbUFhSGFka2FHdlFCbl9NaHhMQU1EcUxQNlB1c1dqcHV3b1QtWXlfbFVsbXY0THgwNjQ1UE5IX0kwNWt4YUNsbzJJZURIbnZnRTFkUnNaYmJtVzFV?oc=5" target="_blank">War in Iran threatens fresh food-price shock across developing world</a> <font color="#6f6f6f">Reuters</font>
The ongoing war in Iran has severely disrupted oil exports through the Strait of Hormuz, leading to a global energy crisis and highlighting the need for a transition to renewable energy sources.
A United Nations World Food Programme analysis warns that the ongoing war in Iran could increase global food insecurity to unprecedented levels, pushing 45 million more people into acute hunger within three months.
The South Pars natural gas field, attacked recently by Israel, is a vital source of domestic energy for Iran and part of the world's largest gas reserve, shared with Qatar.
Tensions in the Middle East have intensified dramatically following Iran's retaliatory strikes on Gulf energy infrastructure in response to an earlier Israeli attack on a major Iranian gas field.
In response to rising oil and fertilizer prices triggered by Iranian attacks and disruptions in the Persian Gulf, the Trump administration has eased sanctions on Venezuela to allow U.S. businesses and farmers to access Venezuelan oil and fertilizer.
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