Strait of Hormuz key to global food system, not just oil.
The Secretary General of the International Chamber of Commerce warns that the Strait of Hormuz is critical for global food security, not just oil and gas. He highlights the worsening access to fertilizer as a "cataclysmic risk" for global food systems, urging attention beyond geopolitical conflicts.
Amid geopolitical volatility and economic fragility, François Picard is pleased to welcome John W.H. Denton, Secretary General of the International Chamber of Commerce. Mr. Denton is warning that "the Strait of Hormuz is about much more than oil and gas": We are drifting toward a food security crisis of global proportions. While headlines fixate on oil and conflict, Denton insists that “the sharpest issue at the moment is actually the deterioration of access to fertilizer”, a development he link...