Hormuz Strait disruptions could lead to global food security crisis

International Chamber of Commerce Secretary General John Denton warned that disruptions in the Strait of Hormuz could trigger a global food security crisis, potentially increasing grain prices by 80 percent and causing a 40 percent shortage of fertilizer. The ICC is collaborating with the UN and IMO to establish a UN-managed navigation system for the strait, but ongoing US-Iran tensions have impeded its implementation.