Iranian saffron has become scarce in Russia due to the war in the Middle East

Due to the situation in the Middle East, there is less Iranian saffron in Russia. This was stated on March 14 in an interview with Izvestia by the founder of the spice production company Sphere, Elizaveta Fedoseeva.

"His (saffron. — Ed.) it has become less, and in any case it is getting more expensive," the expert said.

Fedoseeva noted that Russia is developing its own saffron production. It is grown on the territory of Crimea. She also added that many companies have spice reserves.

Waiting mode: analysts consider the most likely end of the war in the Middle East in the summer

In this case, what will be the index of the Moscow Stock Exchange and which stocks are worth investing in?

The Washington Post columnist David Lynch reported on March 8 that the military conflict over Iran is already putting significant pressure on the global economy, affecting transport, supply chains and financial markets, not just the energy sector. According to logistics companies, transportation through the Persian Gulf region has been disrupted due to missile and drone attacks.

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