Iran claims it coordinated passage of 26 vessels out of Hormuz in 24 hours
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Iran claims it coordinated passage of 26 vessels out of Hormuz in 24 hours
The IRGC stated it coordinated the transit of 26 vessels through the Strait of Hormuz in the past 24 hours, with traffic carried out with permission and in coordination with the IRGC Navy. Talks between Washington and Tehran over resuming traffic remain stalled, while the United States maintains a blockade on Iranian ports that has choked Iranian oil exports. About a fifth of global energy exports previously passed through the strait before the February 28 conflict escalation, which prompted Tehran to blockade the waterway. The standoff has strained global energy markets and raised humanitarian concerns. The FAO warned the blockage could trigger a severe global food price crisis within six to 12 months, describing a staged agrifood shock moving from energy and fertilizer disruptions to lower yields, higher commodity prices, and food inflation. Trump indicated negotiation progress while threatening renewed military action if Iran does not agree to a deal, and Iran warned of further surprises if war returns.
"On Wednesday, the Food and Agriculture Organization of the United Nations (FAO) warned that the blockage could trigger a severe global food price crisis within six to 12 months, calling the disruption the beginning of a systemic agrifood shock. The Rome-based agency said the disruption is no longer only a shipping or energy-market problem, warning that the shock is moving through global agrifood systems in stages. The shock is unfolding in stages: energy, fertilizer, seeds, lower yields, commodity price increases, then food inflation, the FAO said."
Read at www.aljazeera.com
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