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

Fertilizer is more expensive and in shorter supply. Without the right amounts of fertilizer at specific times, yields drop, food prices increase and food shortages result.

By: Aya S. Chacar, Florida International University, The Conversation

Outlets: The Conversation

Published: April 6, 2026

Words: 1,436

Last Updated: 3 months, 3 weeks ago

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By Aya S. Chacar, Florida International University

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 prices lasting even after whatever point hostilities end.

Along with about 20% of the world’s crude oil trade and a …

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