FAO: The Strait of Hormuz crisis threatens global food security
The United Nations Food and Agriculture Organization (FAO) warned against disrupting trade through The Strait of Hormuz represents a major shock For global food systems.
He explained that shipping traffic through the strait decreased by more than 90%, which affected the flows of oil, gas and fertilizers, and raised transportation and insurance costs significantly.
High prices
The organization indicated that fertilizer prices have already risen, with expectations of an increase of up to 20% in the coming months, which raises the costs of agricultural production, and that the continuation of the crisis may lead to a decline in production and change agricultural patterns, with greater impacts on countries dependent on Imports, such as Egypt, Sudan, and Bangladesh.
The organization called for urgent international measures, including opening alternative trade corridors, supporting affected countries, and promoting investments in sustainable agriculture.
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