Energy shock to food prices: How Iran war is raising global inflation risks Related news
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- Rising oil prices and shipping disruptions linked to the war are beginning to filter through global food systems, say experts - ‘There are three main channels of impact – three F’s: fuel, fertilizer and financial markets,’ says Chris Barrett, an agricultural economist at Cornell University ISTANBUL The US-Israel war with Iran is beginning to affect more than just energy markets, as economists warn its impact could soon be felt in supermarket prices around the world. The link is indirect but
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