Subsidizing the shock and waiting for it to pass will not answer a crisis whose full impact still is not visible.
Tag: Strait of Hormuz
Stop the War Before El Niño Creates a Crisis the World Cannot Absorb
By late 2026, when climate impacts intensify, the system will be even more constrained. Higher input costs, reduced planting, and tighter trade flows will converge with climate-driven production shocks.
Maximo Torero 