image sourced from original article at The war with Iran is driving up more than just oil and fuel prices, as fresh produce and food products are also expected to become more expensive. The agricultural sector is facing significant pressure from rising shipping costs and disruptions across global supply chains.
A key factor behind the anticipated price increases is a global fertilizer shortage. Damage to production facilities and infrastructure in the United Arab Emirates, which supplies about 30 percent of the world’s potassium nitrate and phosphorus fertilizers, has reduced availability and driven up costs.
As farmers face higher input and transportation expenses, those costs are likely to be passed on to consumers, leading to noticeable increases in grocery prices in the coming months.
