Maximo Torero
Chief Economist at the UN's Food and Agriculture Organization and expert on global food systems, providing analysis of how disruptions in the Strait of Hormuz affect fertilizer supply and food prices.
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Apr 9, 2026 • 26min
Is the ceasefire in the Gulf too late to stop food prices rising?
Susan Schmidt, portfolio manager offering market and investor commentary on energy and commodity shocks. Maximo Torero, chief economist at the UN FAO and expert on global food systems. They discuss how Strait of Hormuz disruptions push up fuel and fertiliser costs. They cover risks to planting seasons, potential export curbs after weeks of disruption, and barriers to restarting normal shipping.
