Why food prices are resisting the oil and fertiliser shock — for now
Good harvests and plentiful grain stocks will provide some cushion against the impact of the Iran war
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Iran shocks make their way inexorably to the grocery aisle
Fertiliser is another casualty of the closed Strait of Hormuz
Yen and rupee rise as Asian countries struggle to defend their currencies
Japan’s top currency official warns ‘decisive action’ by government might soon be necessary
G7 crisis talks as Iran war continues to roil global economy
Also in this newsletter: Drones enter Finnish airspace as Ukraine hits Baltic ports
Ineos flagship project risks delay from Strait of Hormuz crisis
Disruption comes as investors see Jim Ratcliffe’s chemicals group boosted by energy market ructions from Iran conflict