Urea Surges 34% as Iran Conflict Ripples Through Commodities, Bitcoin

Urea Surges 34% as Iran Conflict Ripples Through Commodities, Bitcoin

The Iran conflict is impacting on commodities beyond oil, as the closure of the Strait of Hormuz chokes off shipping.

Foodstuffs co-ops say food supply remains stable despite Iran conflict

The Foodstuffs grocery co-ops say they’re watching developments in the Middle East closely, but food supply remains stable and supermarket shelves are well stocked. While the data released today relates to the period before the conflict, Foodstuffs NZ Managing Director, Chris Quin says the co-ops are working with suppliers and freight partners to ensure disruption to food supply is minimised. “New Zealand sits at the end of global supply chains,…

Iran Conflict Impacts Broad Range of Commodities

Supply Chain Woes Deepen: Fuel and Chemical Shortages Loom Global supply chains are facing renewed pressure as critical shortages of fuels and chemicals ripple across industries, posing a threat to economic stability. From agriculture to pharmaceuticals, sectors reliant on these resources are bracing for potential disruptions. Affected Sectors: Farming, manufacturing, pharmaceuticals. Driving Factors: Geopolitical instability, production bottle…

Local food pantries feel impact of Iran conflict

As the conflict with Iran continues to impact gas prices across the Tampa Bay Area, its also affecting how people get their food.Local food banks are now seeing more people show up needing help.Watch report from Casey Albritton Local food pantries feel impact of Iran conflictOwner of Love Thy Neighbor Food Pantry, Joanne Braccio, said she can barely keep up with demand, and higher gas prices and grocery prices are sending more people to her food…