World commodity prices rise for 2nd month on Hormuz closure

World food commodity prices rose for a second consecutive month in March, driven largely by increasing energy costs linked to the escalating conflict in the Middle East, the UN’s Food and Agriculture Organisation reported. The latest FAO benchmark index, tracking monthly changes in the international prices of a basket of globally traded food commodities, rose [] The post World commodity prices rise for 2nd month on Hormuz closure appeared first on Egyptian Gazette.