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BackAsia must unite to avert an Iran war food crisis
Asia must unite to avert an Iran war food crisis
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SCMP Economy06.05.2026BusinessChina

Asia must unite to avert an Iran war food crisis

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Asia’s next food crisis is under way. After the US-Israeli strikes on Iran, shipping through the Strait of Hormuz collapsed, sending shock waves across energy, fertiliser and food systems. Fuel, freight and fertiliser costs are rising sharply, amplified by skyrocketing insurance premiums – feeding directly into the price of every tonne of fertiliser that still reaches the market. The scale of disruption reflects the strait’s outsize role in global trade. It carries around one-third of globally...

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