In part two of a three-part series on the effects of rising fuel prices around the world, we focus on the impact on farming around the globe. The repercussions on the agriculture industry can be seen in varying degrees as the cost of fuel and fertilizer increases as the Strait of Hormuz remains closed.| April 24-May 6, 2026 |
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In images 1-4, farmers from the Red Dao ethnic group plant rice in a paddy on May 4, 2026 near Sapa, northern Vietnam. The economic fallout from the Iran war is impacting farmers across Asia as the planting season for staples like rice gets underway. The costs of fuel and fertilizer coming from the Middle East through the Strait of Hormuz have skyrocketed, stoking concerns about possible shortages and causing a 'dual supply shock' in rice producing areas including Thailand, Vietnam, and the Philippines. The World Food Program warns the conflict could push an additional 45 million people across the heavily-populated region into ...