World food prices reached a three-year high in July, driven by adverse weather conditions and escalating conflicts in the Gulf and Black Sea regions, FAO reported.

Global food prices may rise by year-end and next year. Wars in Iran and Ukraine impact agricultural inputs and exports. Extreme weather events like El Nino are also reducing crop…

The world could be heading toward another wave of food inflation as conflicts in Iran and Ukraine, combined with the effects of El Nino, drive up production costs and threaten…