The war with Iran and its impact on the pivotal Strait of Hormuz has threatened the food supply due to the rising prices of oil and fertilizer. Even before the war, farmers were already feeling the pressure, with…
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The war with Iran and its impact on the pivotal Strait of Hormuz has threatened the food supply due to the rising prices of oil and fertilizer. Even before the war, farmers were already feeling the pressure, with rising costs and increased bankruptcy filings. Now that economic toll is even greater. NBC News’ Allie Canal reports on the latest numbers impacting businesses and consumers alike.
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