How Strait of Hormuz closure will impact global food & drink

Strait of Hormuz iran oil ship

If the Strait is closed for more than a few weeks, the world will see much higher oil, gas and fertiliser prices, and resultant systemic food and crop shortages, says Ian Wright, partner at Acuti Associates

About 20 years ago I spent an evening with a very senior Vietnamese official. Over dinner he told me how much the Vietnamese people revered former UK PM Harold Wilson. Why? Because Wilson kept the UK out of the Vietnam War even while other allies were bullied into it by US President Lyndon Johnson.

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