FAO warns: Disruptions in the Strait of Hormuz could trigger a global food crisis
Beijing, May 28 (Hibya) - The United Nations Food and Agriculture Organization (FAO) warned that disruptions in maritime transport in the Strait of Hormuz are disrupting energy and fertilizer supplies, raising the risk of a global food security crisis.
According to CCTV, FAO Director-General Qu Dongyu warned in a statement made in Rome that a global food security crisis could emerge if shipping disruptions in the Strait of Hormuz continue.
In its statement, FAO said that severe transportation disruptions in the strait are making shipments of oil, liquefied natural gas, and fertilizers more difficult, increasing agricultural production costs. It added that rising fertilizer prices are also driving up seed costs, while higher energy prices are increasing operating expenses across agri-food systems.
The statement also emphasized that the Strait of Hormuz is a critical transit route carrying about one-quarter of globally traded seaborne oil, as well as significant volumes of LNG and fertilizers. Tensions in the region were said to be disrupting energy flows and putting pressure on global markets.
British News Agency
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