UN concerned closure of Strait of Hormuz could increase food costs
UNCTAD warns that closing the Strait of Hormuz could raise global food costs and worsen cost-of-living pressures. The analysis highlights potential disruptions to essential trade routes with implications for food prices and inflation. Reported by AdaDerana on March 11, 2026. source http://www.adaderana.lk/news.php?nid=119583