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  1. The confluence of El Niño, ongoing US-Iran conflict, and global economic pressures is causing disruptions to food production, energy prices, and global supply chains.

El Niño is driving up soft commodity prices, while the ongoing Iran war strains fertilizer supply chains and climate scientists contribute to IPCC reports.

3 reports, 1 independent Updated Aug 19
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What happened

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El Niño is driving up soft commodity prices, while the ongoing Iran war strains fertilizer supply chains and climate scientists contribute to IPCC reports.

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How it developed

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  1. Geopolitical instability in the Strait of Hormuz threatens fertilizer supply, impacting agriculture amid El Niño.1 source
  2. The confluence of the ongoing US-Iran conflict, El Niño impacts on agriculture, and the specific consensus forecasts from Banorte regarding Mexican inflation.Sub-event
  3. El Niño impacts commodity markets, geopolitical tensions rise, and climate science is actively engaged.1 source

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