How will the Iran conflict impact food prices | FT #shorts
Financial Times·2026-03-04 09:44
So, we all know that the conflict between the US, Israel, and Iran is impacting oil prices. But what about food. The disruption in the straight of Hammuz isn't just about oil.It also threatens food supplies across the Middle East. Much of the grain, packaged food, and fresh produce feeding the Gulf passes through that narrow stretch of water. Now, vessels are avoiding it, raising concerns about shortages and higher prices.The Gulf States are extremely dependent on imports. The UEE, for example, imports abou ...