Hormuz disruption raises risk of global food shock, traders warn
Hormuz disruption raises risk of global food shock due to higher gas prices squeezing fertiliser production.
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a disruption in the strait of hormuz is raising the risk of a global food shock, according to traders. they warn the world is "on borrowed time" to avert a crisis.
the key link is fertilizer. higher gas prices, driven by the regional tensions, are squeezing fertilizer production. this directly threatens crop yields and food supplies worldwide.
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