US-Israeli war on Iran will push 30 million back into poverty, UN warns
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US-Israeli war on Iran will push 30 million back into poverty, UN warns
"Disruption to fuel and fertiliser supplies due to the ongoing blocking of cargo vessels through the Strait of Hormuz has already lowered agricultural productivity and will hit crop yields later this year."
"Even if the war would stop tomorrow, those effects, you already have them, and they will be pushing back more than 30 million people into poverty."
"The UN's Food and Agriculture Organization (FAO) last week warned that a prolonged crisis in the strait could lead to a global food catastrophe."
"The knock-on effects of the Iran conflict have already wiped out 0.5 percent to 0.8 percent of global gross domestic product (GDP)."
The closure of the Strait of Hormuz is disrupting fuel and fertiliser supplies, leading to decreased agricultural productivity and lower crop yields. The UN warns that over 30 million people may fall back into poverty due to the ongoing conflict. The situation is exacerbated by energy shortages and reduced remittances. Countries like India, Bangladesh, and Egypt are particularly at risk of food insecurity. The conflict has already impacted global GDP, highlighting the rapid destruction of economic stability caused by war.
Read at www.aljazeera.com
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