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Hormuz closure threatens the global food supply – why grocery price hikes are coming

  • Written by Aya S. Chacar, Professor of International Business, Florida International University
Hormuz closure threatens the global food supply – why grocery price hikes are comingFertilizer scarcity and costs are just the beginning of the problems.Jim Watson/AFP via Getty Images

The global energy crisis caused by the closure of the Strait of Hormuz is only the beginning of the economic cost of the war with Iran.

I study how institutions affect businesses and supply chains, and I expect food prices to rise next, with high...

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