Opening Hormuz 'not a humanitarian gesture': Essential to keeping global food system operating

Amid geopolitical volatility and economic fragility, François Picard is pleased to welcome John W.H. Denton, Secretary General of the International Chamber of Commerce. Mr. Denton is warning that "the Strait of Hormuz is about much more than oil and gas": We are drifting toward a food security crisis of global proportions. While headlines fixate on oil and conflict, Denton insists that “the sharpest issue at the moment is actually the deterioration of access to fertilizer”, a development he links directly to “cataclysmic risk” for global food systems.