- US military conducted drills in Caracas on May 29, while Iran simultaneously released a new map claiming control over the Strait of Hormuz.
- Conflict in the Middle East has led to the closure of the Strait of Hormuz, causing vital energy, food, and fertilizer flows to be disrupted, leading to inflationary pressures.
The international community, including the FAO, has organized a special event in Rome to address the geopolitical fragility caused by the Middle East conflict and resulting supply chain disruptions.
5 reports, 4 independent
Updated Jul 13
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What happened
The international community, including the FAO, has organized a special event in Rome to address the geopolitical fragility caused by the Middle East conflict and resulting supply chain disruptions.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Conflict in the Middle East has led to the closure of the Strait of Hormuz, causing vital energy, food, and fertilizer flows to be disrupted, leading to inflationary pressures.Also in this story
- Disruptions in the Strait of Hormuz are affecting global food prices.
- Conflict and attacks on food infrastructure are causing global food insecurity and price hikes due to trade route disruptions.
- Closure of Strait of Hormuz disrupted oil supply, leading to soaring inflation and impacting operational costs.
- War in the Middle East has driven up energy costs specifically in Britain.
The entities involved
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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Hormuz
city in Hormozgan Province, Iran
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Food and Agriculture Organization
international organization with the objective of ending hunger
Related events
- Conflict in the Middle East is driving up prices for oil, gas, and fertilizer, while ECIU monitors food costs.
- Conflict in the Middle East causes the biggest supply disruption, impacting Marathon Petroleum.
- Conflict continues to disrupt oil markets, prompting a government unit to manage the fuel crisis.
- Geopolitical conflicts are causing supply chain disruptions involving Eastern Europe and the Middle East.
- Fugro reports that ongoing conflict in the Middle East is impacting its operations.