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Prolonged Iran war could have ‘serious’ impact on food prices, says UN’s FAO (www.scmp.com)

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The United Nations has warned the conflict in the Middle East is sending shock waves from the fertiliser industry to food prices, as countries across the northern hemisphere – including China – enter their spring planting seasons. If the conflict lasts longer than three months, the impact would become “significantly more serious”, affecting input costs in agriculture and disrupting the next planting season with longer-term consequences, chief economist of the Food and Agriculture Organization of...

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