Peter S. Goodman

The closure of the Strait of Hormuz has limited the shipment of diesel, depriving farmers of fuel for irrigation pumps and threatening the food supply.

A reopening of the Strait of Hormuz would do little to swiftly ease the pain inflicted by higher prices for fertilizer, food and fuel in Ivory Coast.

The humanitarian relief system, decimated by cuts, faces a grave challenge as the Middle East war causes soaring costs for food, fuel and fertilizer.

As wealthy nations scramble to secure stocks of oil, the result is higher prices for all and shortages in vulnerable countries.

Beyond its effects on oil and gas, the unfolding war in the Middle East is roiling shipping and airfreight, threatening the availability of a vast range of goods.

The Persian Gulf is a major source of fertilizers, making the conflict disruptive to the global production of food.

A protracted conflict in the Middle East risks a spike in energy prices and broader inflation.

Tariffs unaffected by President Trump’s Supreme Court loss are adding costs for many U.S. manufacturers that use steel, limiting exports and jeopardizing jobs.

The president used a keynote speech at the World Economic Forum in Switzerland to renounce the last vestiges of the liberal democratic order.

The World Economic Forum is now dominated by global technology companies whose interests shunt aside most others.