Summary
The impact of war on Iran is rippling across Asia. Disrupted fertiliser supply chains choke farm production in India and Bangladesh, where factories shut and farmers cut back on nutrient use, threatening lower yields and rising staple prices. Meanwhile, soaring oil prices inflate transport and input costs, leading to food inflation across vulnerable economies. In the Philippines, which relies heavily on imported fuel, near-doubling energy costs keep fishing boats ashore. Shrinking seafood supply is and pushing fish beyond reach for poorer households. The long tail effects of the conflict and the blockade of the Strait of Hormuz is being felt on the tables across Asia. How much worse will food insecurity get?
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