How the Iran war is driving up food prices through fertilizer supply disruptions

How the Iran war is driving up food prices through fertilizer supply disruptions

Oil and gas might not be the only commodities vulnerable to the disruptions in the Strait of Hormuz. Fertilizers are at particular risk, as their supplies get choked at the strait, a critical shipping corridor for a third of the world’s fertilizer shipments.

U.S. inflation sticks at 2.7% as grocery prices post biggest jump in three years

U.S. inflation sticks at 2.7% as grocery prices post biggest jump in three years

U.S. food inflation has cooled sharply from its pandemic-era peak — but the latest data come with an unusual warning label.