UN warns of global food security crisis linked to Strait of Hormuz instability

UN agencies warn that instability in the Strait of Hormuz is driving up fuel and transport costs, leading to a food security crisis. Rising costs are impacting humanitarian aid operations and increasing hunger in vulnerable countries like Somalia, Afghanistan, and Sri Lanka. UNCTAD estimates that a sustained 50% increase in oil prices could add over $20 billion annually to the import bills of vulnerable economies.