The UN has warned of a global food crisis due to the situation in Hormuz.
The restriction of navigation in the Strait of Hormuz could trigger a global food crisis within six months if governments around the world do not take prompt action, the UN Food and Agriculture Program (FAO) said. The Politico newspaper writes about this on May 20.
The FAO noted that the decisions currently being made by farmers and governments regarding the use of fertilizers, imports, financing and crop selection will determine how sharply food prices will rise at the end of this year or early 2027.
The food price index in April has increased once again over the past three months, which was caused by high energy prices and problems with the passage of ships in the Strait of Hormuz related to the conflict in the Middle East. According to the FAO, the consequences will manifest themselves in stages: first, energy prices will rise, then fertilizers and seeds, after which agricultural countries will face a decrease in yields. As a result, the world risks food inflation, which will affect end users.
The UN Food Organization has called on countries to resolve the issue of the Strait of Hormuz and find alternative transit routes bypassing the crisis region, as well as avoid export restrictions and protect food flows from any restrictions.
The La Tribune newspaper on May 15 suggested that Europe could face a shortage of medicines due to the blockade of the Strait of Hormuz amid the escalation of the situation around Iran. According to the publication, the supply of components for the pharmaceutical industry depends on China and India for 80%.
Russian Foreign Minister Sergei Lavrov said on May 13 that US policy was leading Europe into a deep energy and food crisis. The diplomat noted that Europe could be one of the most affected parties in the event of a prolonged crisis in the Strait of Hormuz.
Переведено сервисом «Яндекс Переводчик»
