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Wednesday, October 21, 2026Updated 22:33 UTC

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S&P Global Warns Hormuz Energy Shock Could Become a Global Food Crisis

Source: OilPrice.com · Oct 21, 2026 21:00 UTC

Aerial view of refinery storage tanks near Houston on the Gulf coast — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

The world’s ongoing energy crisis is quickly turning into a global food security crisis. Ongoing conflict between some of the world’s most prominent economies on two major fronts – Russia’s war in Ukraine and the United States’ and Israel’s war in Iran – is creating geopolitical shockwaves through critical global trade routes and threatening some of humanity’s most essential commodities, from oil

Read the full story at OilPrice.com

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