Just In:
Global Food Prices Surge as Shipping Routes Collapse
Ripple effect crisis: With oil at $170+ per barrel and insurance rates for Gulf shipping now 10x normal, global food prices have jumped 12% in 48 hours due to delayed grain and fertilizer shipments. UN warns of imminent shortages in Africa and Asia if the Hormuz blockade continues. Emergency stockpile releases announced in Europe.
#FoodCrisis #GlobalImpact
