FAO: Strait of Hormuz closure could trigger ‘severe’ food price crisis

The Food and Agriculture Organization of the United Nations (FAO) has warned of an impending global food crisis due to the closure of the Strait of Hormuz. The narrow stretch of water between Iran and Oman is one of the world’s busiest shipping channels for oil, liquefied natural gas (LNG) and fertilisers. Trade through the […] The post FAO: Strait of Hormuz closure could trigger ‘severe’ food price crisis appeared first on Agriland.ie.