
War’s impact on food prices may last long after conflict ends
As the U.S.-Iran conflict drives up the cost of oil, prices for food are going up too, and there are concerns that they won’t be coming back down after the war. Analysts say the historic drops in global oil supplies mean oil prices will stay high even after tankers start moving freely through the Strait of Hormuz, but there are expectations that those prices will drop once oil reserves are stocked again. When it comes to food, the higher prices
