Agri-Business
The Food and Agriculture Organization of the United Nations (FAO) warned of a looming global food crisis due to the Strait of Hormuz closure.
The benchmark of world food commodity prices rose for a third consecutive month in April amid the ongoing conflict in the Middle East.
Dairy
The dairy sector is likely to experience "long lasting impacts" from the ongoing conflict in the Middle East according to new analysis.
The Strait of Hormuz blockade could trigger a "dangerous spike" in food prices, the UN's Food and Agriculture Organisation has warned.