It’s not just Hormuz. Another war is providing fresh price shocks to fuel and food.

🇺🇸 MarketWatch (US) —

AI Summary

Renewed conflicts in the Middle East, particularly around the Hormuz Strait, combined with supply disruptions in Russia, have caused significant price shocks in fuel and food markets, affecting global commodity stability.

The Middle East conflict overshadows outages in Russia and a ‘massive impact’ on diesel supplies

World Security Conflict Markets Commodities Energy Middle East conflict Hormuz Strait fuel prices food prices Russia outages diesel supply commodities market

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