‘Perfect Storm’ of Trump’s War and Super El Niño to Drive Food Prices Even Higher

Experts are warning that a combination of a super El Niño climate pattern and two separate wars are threatening to put further upward pressure on food prices over the next several months. A study released by Oxford Economics on Wednesday projects that global food prices will rise by 12% in 2026 and by 5% in 2027 due in large part to the fertilizer shortage caused by the closure in the Strait of…