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Story summary
- The ongoing conflict in the Middle East is driving up global food prices due to fertilizer supply disruptions after the Strait of Hormuz closure.
- Fertilizer prices have risen more than 40% since the war began, reducing farmers' ability to produce corn, wheat, and rice.
- The U.S. Department of Agriculture projects a 3.1% rise in food prices, and the situation could worsen, potentially leading to a global food emergency.
