Meaning: The shipping crisis will lead to an increase in food prices. Alvaro Lario, head of the International Fund for Agricultural Development (HABA), told the Reuters news agency today that the effect of the disruption in shipping through the Strait of Hormuz is evident in the harvest of agricultural products and will reduce yields in the economy and raise food prices.

Meaning: The shipping crisis will lead to an increase in food prices. Alvaro Lario, head of the International Fund for Agricultural Development (HABA), told the Reuters news agency today that the effect of the disruption in shipping through the Strait of Hormuz is evident in the harvest of agricultural products and will reduce yields in the economy and raise food prices.

Irna Jahan