El Niño and the Iran conflict raise global food and energy price concerns. Crude oil reaching a new all-time high by December 31 at 14.5% YES.

Weather cycle threatens harvests worldwide, adding to inflation already fuelled by the Iran war

A super El Niño weather cycle in 2026 threatens worldwide harvests, potentially driving food prices higher and prolonging inflation impacts until 2028, analysts warn.

El Niño and the Iran conflict raise global food and energy price concerns. Crude oil reaching a new all-time high by December 31 at 14.5% YES.

India faces rising inflation risks due to US-Iran tensions and El Niño, impacting food and fuel prices.