Iran Conflict Threatens African Food Security, Warns Fertilizer CEO
The CEO of Yara International, the world's largest fertilizer company, warns that the Iran conflict could lead to severe food shortages and price hikes in Africa's most vulnerable communities. The war risks creating a global auction for increasingly scarce and expensive fertilizer supplies, which would disproportionately affect the poorest nations.
<p>Yara CEO warns of global auction that would leave poorest countries scrambling for supplies they can ill afford</p><p>The Iran war could have “dramatic consequences”, causing food shortages and price rises in some of Africa’s poorest and most vulnerable communities, the head of the world’s largest fertiliser company has said.</p><p>Svein Tore Holsether, the chief executive of Yara International, said world leaders needed to guard against soaring prices and shortages of fertiliser causing a de...