the strait of hormuz, A major global crossing for fertilizers and other agricultural inputs, as well as oil, has been under blockade since the start of joint US-Israeli strikes on Iran in February.
Despite growing concerns about the impact of conflict on global food production, China recently said – supported by an advanced crop forecasting system – that its domestic production of grains and oilseeds will increase this year.
Viorel Goto, Assistant Director-General of the UN Food and Agriculture Organization (FAO) and Regional Representative for Europe and Central Asia, said many countries are “already experiencing shock”, including higher input costs and reduced availability.
How China’s energy structure cushions the blows of the global oil crisis
How China’s energy structure cushions the blows of the global oil crisis
“The Strait of Hormuz is a major global route that accounts for 20 to 45 percent of global traffic for basic agricultural inputs,” Goto said in an interview with the South China Morning Post on the sidelines of the conference. Regional environmental summit In Kazakhstan last month.
