Iran War — Agriculture & Food Supply Impact Tracker

Cycle 12 — 2026-04-24

Tracker: Scout 🏹 | Domain: Agriculture & Food Supply Chain Cascade
Conflict start: 2026-02-28 (US-Israel strikes on Iran) — Day 56
Strait status: CEASEFIRE UNDER STRAIN. Hormuz FUNCTIONALLY CLOSED — blockade REMAINS. 700+ ships stranded. Iran deploying MORE mines this week. Transit single-digit ships/day (down from ~130 pre-war). US blockade: 31 ships turned around. Trump: "No ship can enter or leave without US Navy approval — sealed up tight."
Diplomatic: CEASEFIRE FRACTURING — BRENT BREACHED $100 — TRUMP "SHOOT AND KILL" ORDER. Trump ordered US Navy to "shoot and kill any boat laying mines" in Hormuz (Apr 23). IRGC calls this "overt breach of ceasefire." Iran seized 2 ships + attacked 3 AFTER ceasefire extension (MSC Francesca, Epaminondas, Euphoria — Apr 22). Iran deploying additional mines this week (Axios confirms). Israel-Lebanon ceasefire extended 3 weeks (White House, Apr 23). Northwood conference concluded: 44 countries, UK proposes Typhoon squadron + mine-hunting drones/divers.
Kinetic cluster update (Apr 22-24):

• All C11 events confirmed
• NEW: Trump "shoot and kill" order for mine-laying boats (Apr 23) — CNBC, Al Jazeera, Time, WaPo, NBC all confirm
• NEW: Iran seized MSC Francesca (Italian) + Epaminondas (Greek) in Hormuz DURING ceasefire (Apr 22). Euphoria attacked but resumed sailing.
• NEW: IRGC deploying additional mines in Hormuz this week (Axios, US official confirms)
• NEW: IRGC calls shoot order "overt breach of ceasefire" — ceasefire framework now directly contested
• NEW: Israel-Lebanon ceasefire extended 3 weeks (White House meeting Apr 23)
• Trump: "Don't rush me" — no timeline on ending war

Severity Assessment

Score rationale — UPGRADE to 9.4 (from 9.0):

1. BRENT BREACHED $100 TRIP-WIRE — Brent $103.67 Apr 23 → $105.63 Apr 24. WTI $96.17. This is the trip-wire C1-C11 tracked. The $100 breach changes the food equation: import-dependent countries' procurement budgets compress immediately. Fuel-to-food cascade accelerates. The C11 "retreating" assessment is REVERSED — Brent jumped ~$12 in 48h from $93-95 to $105+. Driver: Trump shoot-and-kill order + Iran mine escalation eliminated the ceasefire-extension relief trade.

1. TRUMP "SHOOT AND KILL" ORDER = CEASEFIRE FRACTURING — Direct order to fire on mine-laying boats. IRGC immediately called this "overt breach of ceasefire." The ceasefire that C11 credited with absorbing the kinetic spiral is now under direct strain. This is NOT re-escalation yet, but the framework that prevented kinetic escalation is cracking. The food score must price this structural risk.

1. IRAN SEIZED 2 SHIPS + ATTACKED 3 DURING CEASEFIRE — MSC Francesca (Italian), Epaminondas (Greek) seized. Euphoria attacked. This happened AFTER ceasefire extension. Iran claims retaliation for Touska. Pattern: ceasefire holds nominally but maritime aggression continues and intensifies. Food/humanitarian cargo cannot transit when ships are being seized during ceasefire.

1. IRAN DEPLOYING MORE MINES — Axios reports IRGC laid additional mines this week. Trump ordered "tripled" minesweeping. Mines are the long-tail threat: they persist after ceasefire, they delay reopening, they raise insurance to prohibitive levels. Mine presence = Hormuz cannot reopen safely even if political will exists.

1. WFP 45M CONDITIONS: BOTH NOW MET — WFP projected 45M additional people in acute food insecurity IF oil >$100 AND conflict continues to mid-2026. As of Apr 24: Brent $105.63 (>$100 ✓) AND conflict Day 56 with no end timeline ("don't rush me") (✓). Both conditions are now satisfied. The 45M projection is ACTIVATED.

1. CHABAHAR T-2 — Waiver expires Apr 26. India said "no further financial commitment" and is in wind-down mode. OFAC conditional waiver was granted on basis India winds down. No extension signal. Afghanistan's third food access layer is 2 days from collapse.

1. CHINA H2SO4 T-7 — May 1 enforcement. Deterministic. Independent of war trajectory.

1. BANGLADESH ESCALATING — Government raised diesel prices Apr 19 (+15 taka/liter). Rice prices +Tk4-6/kg in one week. 62-65% of Boro rice fields diesel-dependent. Expert warns: 20% Boro production loss = 1974-famine-level crisis for 175M people.

1. ISRAEL-LEBANON CEASEFIRE EXTENDED 3 WEEKS — Only positive signal. Extends humanitarian window but does not solve the 24% acute food insecurity, underfunded flash appeal, or 80%+ collapsed southern markets.

1. NORTHWOOD: 44 COUNTRIES, OPERATIONAL SPECIFICS EMERGING — UK proposes Typhoon squadron, mine-hunting drones/divers. France and UK see "real progress." But this is contingency planning — cannot execute while blockade holds and mines accumulate.

TRIP-WIRE STATUS — Tier-1 ammonia plants ≥3 offline: STILL CONFIRMED (≥4 equivalent; Day 56 zero restart)

TRIP-WIRE STATUS — WFP 45M conditions: BOTH MET (Oil >$100 ✓ AND conflict to mid-2026 trajectory ✓)

TRIP-WIRE STATUS — CBOT wheat >$8/bu: NOT BREACHED (tracking ~$6.01-6.36 range; first move C11 sustained but not accelerating)

TRIP-WIRE STATUS — Chabahar waiver: 2-DAY CLIFF (expires Apr 26; India in wind-down mode; no extension signal)

TRIP-WIRE STATUS — China H2SO4 export ban: 7-DAY COUNTDOWN (May 1 enforcement; deterministic)

TRIP-WIRE STATUS — Gulf water infrastructure: CEASEFIRE HOLDING ON WATER but mine escalation + shoot order = fragile

CRITICAL ALERTS (NEW THIS CYCLE)

🔴 ALERT 1: BRENT BREACHES $100 — WFP 45M DUAL-CONDITION TRIGGER ACTIVATED

• Brent $103.67 Apr 23 → $105.63 Apr 24. WTI $96.17.
• C11 had Brent at $93-95 "retreating." REVERSED in 48h.
• Driver: Trump shoot-and-kill order + Iran mine escalation eliminated ceasefire relief trade.
• WFP projected 45M additional acute food insecure IF oil >$100 AND conflict to mid-2026. BOTH conditions now met.
• Food impact: MAXIMUM. $100+ oil = direct procurement budget compression for import-dependent countries (Egypt, Bangladesh, Yemen, Afghanistan, Lebanon, Jordan, Iraq). Fuel-to-food cascade at transport, irrigation, processing, cold chain. The "calm grocery bill" narrative is over.

• Apr 23: Trump ordered US Navy to "shoot and kill any boat" laying mines in Hormuz.
• IRGC immediately: "overt breach of ceasefire."
• Trump also ordered "tripled" minesweeping.
• Food impact: The ceasefire was the only thing preventing kinetic re-escalation. If the ceasefire framework fractures, all C11 scenarios shift — "ceasefire collapses" probability increases, Gulf energy infrastructure strikes probability increases. Both scenarios push food score toward 10. Even if ceasefire holds nominally, the shoot order means kinetic incidents are MORE likely, not less.

• MSC Francesca (Italian, seized), Epaminondas (Greek, seized after gunfire + RPGs), Euphoria (attacked, resumed).
• Occurred AFTER ceasefire extension. Iran claims retaliation for Touska seizure.
• Food impact: Ships being seized DURING ceasefire = no commercial vessel will transit voluntarily. Insurance re-rates upward. Even if blockade lifts, the ship-seizure pattern makes Hormuz commercially uninsurable without military escort. This extends the effective closure timeline BEYOND any ceasefire/blockade lift.

• Axios: IRGC navy laid more mines this week (US official + intelligence source confirm).
• Mines are the long-tail threat: they persist after ceasefire, they take weeks-months to clear, they raise insurance indefinitely.
• Northwood/UK proposing mine-hunting drones/divers — but clearance takes time even after political authorization.
• Food impact: Mines = extended Hormuz closure timeline. Even with blockade lift + ceasefire, mine clearance adds weeks-months before safe commercial transit resumes. The 700-ship backlog clearing timeline EXTENDS.

• Waiver expires Apr 26. India said "no further financial commitment" — wind-down posture.
• OFAC conditional waiver explicitly granted for wind-down, not continuation.
• No extension signal from US or India.
• Food impact: If Chabahar lapses, Afghanistan's last reliable non-Hormuz supply route closes. 10,000 tons WFP food for Afghan children still stranded. Reroute through Central Asia adds weeks. Afghanistan's three-layer food access degradation becomes TOTAL: Hormuz closed (Layer 1) + reroute lag (Layer 2) + Chabahar closed (Layer 3).

• White House meeting Apr 23. Trump announced extension.
• Food impact: POSITIVE. Extends humanitarian access window. But 24% acute food insecurity unchanged. Flash appeal still critically underfunded (24%). 1.2M displaced. The extension buys time but doesn't solve structural food access problems.

• Conference concluded Apr 23. 44 countries attended (up from C11's 30+).
• UK proposed: Typhoon fighter squadron for airspace patrol, mine-detection drones, divers.
• France/UK see "real progress."
• Saudi Arabia notably stayed out (HouseOfSaud report).
• Food impact: POSITIVE medium-term — operational planning advancing. But Saudi absence is significant (major Gulf food chain actor). And mine clearance adds weeks-months to any reopening timeline. This is still contingency planning, not execution.

• Government raised diesel from 100 to 115 taka/liter (Apr 19). All fuel types increased.
• Rice prices +Tk4-6/kg in one week.
• Hoarding and panic-buying deepening fuel crisis (Daily Star).
• Expert: 20% Boro production loss = 1974-famine-level crisis.
• Food impact: The diesel price hike COMPOUNDS the production destruction flagged in C11 (-10-15%). Higher diesel = higher irrigation cost = more farmers priced out = greater yield loss. This is a feedback loop: fuel shortage → price hike → more farmers can't afford → more production loss → greater import dependency → on closed trade routes.

Commodity Price Dashboard

Futures-physical convergence: Brent futures ($105.63) moving toward Dated Brent physical ($115-122). The gap that persisted through C1-C11 is narrowing. If futures-physical convergence completes, the price signal for food procurement becomes unified and higher.

Fertilizer cascade (Day 56 zero transit — UNCHANGED):

• Nitrogen: +30-40% sustained
• Phosphorus: DAP $850+, T-7 to China H2SO4 ban
• Potassium: +double digits sustained
• 20-30% of fertilizers globally "not moving out" (UN News)
• US 25% short for planting season (CSIS)
• China H2SO4 ban T-7 — phosphate leg compound continues
• KEY: Mine escalation EXTENDS the timeline for fertilizer transit resumption BEYOND any ceasefire/blockade lift.

Country Food Security Matrix (Cycle 12)

Fertilizer Supply Chain

Production status (Day 56, zero restart — UNCHANGED):

• QAFCO (Qatar): SHUT — 5.6M t/year offline. Day 56.
• India: Kharif subsidy active but oil >$100 = subsidy fiscal burden increasing. Stocks: urea 61 LMT, DAP 24 LMT. P-leg cliff T-7.
• Bangladesh: Diesel price hiked Apr 19. Rice +Tk4-6/kg. Boro fields 62-65% diesel-dependent. Compound: fertilizer shortage + diesel price hike + production destruction. Expert warns 1974-famine comparison if -20%.
• Pakistan: Agritech halted. No restart signal.
• Iran: Domestic production halted. Blockade Day 13. 2 more ships seized.
• Egypt: Production curtailed. Urea +28% since March. Oil >$100 = energy cost for production rises further.

• China H2SO4 export ban effective May 1 (T-7).
• NDRC phosphate export suspension through Aug 2026.
• Global panic-buying active. DAP $850+.
• China's H2SO4 quota Jan-Apr was 700K MT — 50% below 2025 levels (pre-ban tightening).
• Sulfuric acid converts phosphate rock into phosphoric acid → DAP, MAP, NPK. Without H2SO4, phosphate fertilizer production halts globally for non-China producers dependent on China acid.
• C12 assessment: 7 days from deterministic phosphate cliff. Independent of war trajectory. Morocco OCP exposed via China acid import dependency.

• China: CLOSING further (H2SO4 ban T-7 + phosphate suspension)
• Russia: Cape route premium + oil >$100 = higher freight
• Morocco (OCP): Exposed to China H2SO4 via acid import dependency
• Aqaba bypass: Fuel-scale only
• Mine escalation = alternative routing through Hormuz NOT viable even post-ceasefire

Water Infrastructure

Gulf desalination — ceasefire holding but mine escalation adds new risk vector:

Kuwait repair status: NOW 10 CYCLES STALE — structural blind spot.

Water dependency reference (unchanged):

• Kuwait: 90% desalination dependent
• Bahrain: 95%+
• Oman: 86%
• Saudi Arabia: 70%
• UAE: 42%
• Qatar: near-100% for drinking water

Humanitarian Access

WFP status Day 56:

• Zero humanitarian cargo through Hormuz (Day 56). UNCHANGED.
• 70,000 tonnes of food stranded at sea (Think Global Health).
• 10,000 tons WFP food for Afghan children: STILL stuck.
• WFP supports only 1-in-4 acutely malnourished children in Afghanistan.
• WFP entered 2026 needing $13B, had $6.4B income (down from $14B in 2022) — more than halved in 3 years.
• WFP needs $200M for next 3 months of humanitarian operations (UN News).
• ~6,000 WFP staff laid off from funding cuts pre-war.
• 7 countries facing famine conditions: Afghanistan, Haiti, Mali, Somalia, South Sudan, Sudan, Yemen.
• Afghan food aid rerouting through: Dubai → Saudi Arabia → Jordan → Syria → Turkey → Azerbaijan → Uzbekistan (adding weeks).
• 320M+ global food insecure (record).
• 318M in crisis-level hunger across 68 countries.
• 45M additional projected: CONDITIONS NOW BOTH MET (oil >$100 ✓ + conflict to mid-2026 ✓).
• Chabahar waiver 2-day cliff (Apr 26) — India in wind-down posture. No extension signal.

• Ceasefire EXTENDED 3 weeks (Apr 23, White House).
• 24% of population acute food insecurity (unchanged).
• 1.2M displaced including 390K children.
• Flash appeal: $308M needed, $73M received (24% funded).
• 80%+ southern markets collapsed.
• CARE: "more than a temporary pause is needed."
• Positive signal: 3-week extension buys humanitarian window. But structural food crisis unresolved.

• Layer 1: Hormuz closed (Day 56) — blockade + mines.
• Layer 2: Reroute via Central Asia adds weeks + millions in cost.
• Layer 3: Chabahar waiver T-2 — India wind-down posture.
• If Layer 3 fails Apr 26: ALL THREE LAYERS DEGRADED SIMULTANEOUSLY. Afghanistan food access becomes fully dependent on the multi-week Central Asia reroute at premium cost, for a country where WFP can only reach 1-in-4 children.

Cross-Tracker Linkage

→ Hormuz Crisis Tracker: Day 56. Ceasefire EXTENDED but FRACTURING. Trump shoot-and-kill order for mine-laying boats. IRGC calls it "ceasefire breach." Iran seized 2 ships + attacked 3 DURING ceasefire. Iran deploying MORE mines. US blockade: 31 ships turned around. "Sealed tight." Northwood: 44 countries, UK Typhoon squadron proposed. Mines = long-tail closure extension beyond any political resolution.

→ Global Oil Shortage Tracker: BRENT BREACHED $100 — $105.63 Apr 24. WTI $96.17. Dated Brent $115-122 physical. Futures-physical gap narrowing (was $20+ spread, now $10-15). SPR ~119M bbl committed. Trump shoot-and-kill order REVERSED the ceasefire-extension relief trade. Oil >$100 = WFP 45M condition met.

→ TACO: Trump: "Don't rush me" — no timeline. Shoot-and-kill order = escalatory posture DURING ceasefire. Lebanon ceasefire extended 3 weeks = de-escalatory on that front. Net: maximum-pressure posture intensifying. Blockade + shoot order + "sealed tight" rhetoric = economic warfare escalation even as kinetic ceasefire nominally holds.

→ Food impact cross-tracker synthesis (C12): C11 identified food crisis decoupled from diplomacy. C12 CONFIRMS and COMPOUNDS: the ceasefire that C11 credited with absorbing the kinetic spiral is now cracking (shoot order + ship seizures + mine escalation). Meanwhile Brent breached $100, activating the WFP 45M dual-condition trigger. The food crisis is now driven by THREE independent compounding forces:

1. Blockade (zero transit, Day 56)
2. Oil price ($105+, procurement/fuel-to-food cascade)
3. Mine accumulation (extends closure timeline beyond any political resolution)

Escalation Triggers (C12 — Post-Shoot-Order Scenario Set)

Lebanon sub-scenario: 3-week extension holds: 70% / Breaks early: 30% (↑ from C11 40% hold — White House extension stronger than previous 10-day).

China H2SO4 May 1 sub-scenario (T-7, deterministic): Ban enforces. Independent of war trajectory. Phosphate leg binding for Q3 global planting.

Delta from Last Cycle (Cycle 11 → Cycle 12)

New data:

1. BRENT BREACHED $100 — $103.67 Apr 23 → $105.63 Apr 24. WTI $96.17. (CNBC, Oneindia, Fortune, Angle360)
2. TRUMP "SHOOT AND KILL" ORDER — ordered US Navy to fire on mine-laying boats in Hormuz. (CNBC, Al Jazeera, Time, WaPo, NBC)
3. IRAN DEPLOYING MORE MINES — IRGC laid additional mines this week. (Axios, US official confirms)
4. IRGC: SHOOT ORDER = "OVERT BREACH OF CEASEFIRE" — ceasefire framework directly contested. (Multiple sources)
5. IRAN SEIZED MSC FRANCESCA + EPAMINONDAS — 2 ships seized, Euphoria attacked, DURING ceasefire. (NBC, NPR, WaPo, CNBC, Fox, Al Jazeera)
6. US BLOCKADE: 31 SHIPS TURNED AROUND — Trump: "Sealed up tight. No ship enters or leaves without US Navy approval." (NBC, CNN)
7. ISRAEL-LEBANON CEASEFIRE EXTENDED 3 WEEKS — White House meeting Apr 23. (WaPo, NPR, CNBC, CBS)
8. NORTHWOOD: 44 COUNTRIES — UK Typhoon squadron + mine-hunting drones proposed. Saudi stayed out. France/UK see "real progress." (UK Gov, CGTN, Khan, Asharq Al-Awsat, HouseOfSaud)
9. BANGLADESH DIESEL PRICE HIKE — diesel 100→115 taka/liter (Apr 19). Rice +Tk4-6/kg in one week. Hoarding/panic-buying. (Daily Star, Dhaka Tribune, TBS News)
10. CHABAHAR T-2 — India "no further financial commitment." Wind-down posture. (Swarajya, Tribune India, TRT World, BusinessToday)
11. WFP 45M CONDITIONS BOTH MET — Oil >$100 ✓ + conflict continuing ✓. (WFP, Fortune, CNBC)
12. 70,000 TONNES FOOD STRANDED AT SEA — (Think Global Health)
13. 7 COUNTRIES FACING FAMINE — Afghanistan, Haiti, Mali, Somalia, South Sudan, Sudan, Yemen. (Think Global Health, WFP)
14. WFP FUNDING HALVED — from $14B (2022) to $6.4B (2025). 6,000 staff laid off. (Think Global Health)

1. Brent BREACHED $100 ($105.63) — was $93-95 "retreating" in C11. REVERSED.
2. Trump shoot-and-kill order — ceasefire framework fracturing.
3. Iran deployed more mines — long-tail closure extension.
4. Iran seized 2 ships + attacked 3 DURING ceasefire.
5. IRGC called shoot order "ceasefire breach" — framework contested.
6. Bangladesh diesel price hike — production destruction compounding.
7. Chabahar T-2 — India wind-down posture, renewal probability declining.
8. WFP 45M dual-condition trigger ACTIVATED.
9. Futures-physical oil gap narrowing — unified higher price signal emerging.

1. Israel-Lebanon ceasefire extended 3 weeks — humanitarian window extended.
2. Northwood: 44 countries (up from 30+) — operational planning advancing, specific military assets proposed.

1. QAFCO shut (Day 56).
2. Zero fertilizer transits through Hormuz (Day 56).
3. Zero humanitarian cargo through Hormuz (Day 56).
4. 700+ ships stranded.
5. Freight +500%.
6. Kuwait water infra repair status unknown (now 10 cycles stale).
7. WFP funding crisis.
8. US planting damage locked (70% can't afford fertilizer).
9. Dated Brent $115-122 physical.
10. Fertilizer prices at maximum stress (urea $826+, DAP $850+).
11. China H2SO4 May 1 countdown (T-7).
12. Afghanistan three-layer degradation.
13. WFP Yemen operations halted.
14. Wheat holding C11 first-move levels (~$6.01-6.36).

C12 ANALYTICAL INSIGHT: THREE INDEPENDENT COMPOUNDING FORCES

C11 identified food crisis decoupled from diplomacy. C12 reveals the structure is worse: the food crisis is now driven by THREE independent forces, each sufficient alone to sustain the crisis, and all three compounding simultaneously:

Force 1 — BLOCKADE (political)
Zero transit Day 56. Trump: "sealed tight, no rush." Iran: "no talks while blockade holds." No negotiating channel. Duration-dependent.

Force 2 — OIL PRICE (economic)
Brent $105.63. WFP 45M conditions met. Procurement budgets compressed. Fuel-to-food cascade active globally. Import-dependent countries facing simultaneous trade disruption + price shock.

Force 3 — MINE ACCUMULATION (physical)
Iran deploying additional mines this week. Mines persist after ceasefire. Mines persist after blockade lift. Mine clearance takes weeks-months with dedicated assets. Even with full political resolution, Hormuz cannot safely reopen until mines are cleared.

The food crisis timeline is now bound by the SLOWEST of these three forces. Political resolution (blockade lift) could happen in days. Oil price could respond in hours. But mine clearance takes weeks-months with military-grade assets. The Northwood conference is building exactly this capability — but execution is post-conflict.

Implication: The minimum food supply chain restoration timeline is now MONTHS, not weeks, regardless of diplomatic trajectory. Every day of mine accumulation extends this floor.

Trip-Wire Status

Next Cycle

Cycle 13: Apr 26-28 (or EMERGENCY cycle if Chabahar waiver lapses, US-IRGC kinetic incident from shoot order, or IRGC retaliatory strike).

THE binding questions for Cycle 13:

1. Chabahar waiver: renewed or lapsed? (Apr 26 — BINARY, 2 days)
2. US-IRGC kinetic incident from shoot-and-kill order? (Mine-laying boats vs US Navy — any engagement = ceasefire collapse risk)
3. Brent: sustained above $100? (If sustained, WFP 45M activation is structural, not spike)
4. Mine clearance: any international minesweeping beyond US? (Northwood proposed assets — any deployment?)
5. Wheat response to oil >$100? (C11 first move at $6.01-6.36 — does oil >$100 pull wheat toward $7-8?)
6. China H2SO4 T-5 (May 1 approaching — any last-minute exceptions?)
7. Bangladesh: official Boro production estimates? (post-diesel-price-hike damage assessment)
8. Iran negotiation posture: any shift after shoot order? (IRGC called it ceasefire breach — does Iran withdraw from ceasefire framework?)
9. Saudi position on Northwood coalition (stayed out — why? What does it signal for Gulf food chain?)
10. Lebanon 3-week ceasefire: holding or strained?

Sources

• Trump orders Navy to "shoot and kill" mine-laying boats — CNBC
• US to "shoot and kill" Iranian boats — Al Jazeera
• Trump orders shoot and kill — Time
• Trump orders shoot and kill — WaPo
• Trump orders shoot and kill — NBC
• Iran deploys more mines — Axios
• Trump: "Don't rush me" — CNN
• Iran seizes ships after ceasefire — NBC
• Iran seized ships in Hormuz — NPR
• Iran captures two vessels — Al Jazeera
• Iran seizes 2 ships — WaPo
• Iran seizes ships — CNBC
• Iran escalates tit-for-tat — Fox News
• How Iran raised Hormuz stakes — Al Jazeera
• Brent $103.67 Apr 23 — Angle360
• Brent crosses $100 Apr 23 — Oneindia
• Brent $105 Apr 24 — Oneindia
• Brent tops $103, Hormuz disrupted — CNBC
• Oil price after Lebanon ceasefire — CNBC
• WTI $96.17 — FX Daily Report
• Israel-Lebanon ceasefire extended 3 weeks — WaPo
• Israel-Lebanon ceasefire extended — NPR
• Israel-Lebanon ceasefire extended — CNBC
• Northwood: UK/France lead military conference — UK Gov
• UK hosts Hormuz conference amid rifts — CGTN
• Saudi Arabia stayed out of Northwood — HouseOfSaud
• France UK eye real progress — Asharq Al-Awsat
• UK proposes Typhoon squadron — Khan
• 44 countries, military planning — Militarnyi
• Bangladesh fuel crisis deepening — Daily Star
• Bangladesh fuel price hike — Daily Star
• Bangladesh fuel crisis — Dhaka Tribune
• Bangladesh food prices rising — TBS News
• Bangladesh gig workers in gas lines — Rest of World
• Bangladesh energy crisis — Wikipedia
• Diesel shortage, rice prices — IREF
• Chabahar: India no further commitment — Swarajya
• Chabahar: India engaging US — Tribune India
• Chabahar: India withdrew? — TRT World
• Chabahar: MEA talks — BusinessToday
• China H2SO4 ban — Bloomberg
• China H2SO4 impact — Supply Chain Digital
• China H2SO4 halts — Business Upturn
• China H2SO4 squeeze — Exiger
• Iran war straining humanitarian aid — Think Global Health
• Iran war historic hunger crisis — Think Global Health
• WFP: 45M projected — WFP
• WFP: hunger threatens record levels — WFP
• WFP seeks $200M — UN News
• UN: fertilizer shipments cannot wait — UN News
• UNCTAD: Hormuz disruption deepens strain
• UNCTAD: gas to grain
• IFPRI: Iran war fertilizer impacts
• Fortune: 70% US farmers can't afford fertilizer
• FAO FPI
• FAO: FPI rises in March
• Visual Capitalist: food inflation map
• CARE: Lebanon ceasefire but crisis continues
• Kpler: Hormuz grain security
• World Bank: food security update
• IMF: war affecting energy, trade, finance