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"Now we are starting to see the effects of the initial blockade of the Strait of Hormuz." Álvaro Lario, president of IFAD, explains that "now we are starting to see the effects of the initial blockade of the Strait of Hormuz." #BloqueoOrmuz #CrisisAlimentaria #PreciosAgrícolas (translated)

The blockade in the Strait of Hormuz has increased the cost of agricultural products by 13% during the third quarter of 2026, which could trigger a food security crisis in Asia and Africa due to the disruption of fertilizer and fuel supplies. #BloqueoOrmuz #CrisisAlimentaria #PreciosAgrícolas (translated)