An Iranian grocer sells pistachios imported from Iran in a Persian goods shop in Dubai, on July 10, 2019. (Credit: Karim Sahib/AFP)
Is the United States also waging war on Iran’s “green gold”? The economic shock from the U.S.-Iran war has curbed pistachio exports, long a flagship of Iranian agriculture and now accounting for a fifth of global production.With supply chains heavily disrupted by the blockade in the Strait of Hormuz, prices of Iranian pistachios have surged, reaching $4.57 per pound in March — the highest since 2018. Other ripple effects of the war Even if the Middle East war ends, energy crisis is here to stay Mostly shipped from the southern port of Bandar Abbas, Iranian exports have fallen by 30% over the past two months compared with the same period last year, amid slower maritime flows, according to the Financial Times.Their presence on international shelves is declining, pushing buyers to turn to other suppliers, notably the United States,...
Is the United States also waging war on Iran’s “green gold”? The economic shock from the U.S.-Iran war has curbed pistachio exports, long a flagship of Iranian agriculture and now accounting for a fifth of global production.With supply chains heavily disrupted by the blockade in the Strait of Hormuz, prices of Iranian pistachios have surged, reaching $4.57 per pound in March — the highest since 2018. Other ripple effects of the war Even if the Middle East war ends, energy crisis is here to stay Mostly shipped from the southern port of Bandar Abbas, Iranian exports have fallen by 30% over the past two months compared with the same period last year, amid slower maritime flows, according to the Financial Times.Their presence on international shelves is declining, pushing buyers to turn to other suppliers, notably the United...
US-Iran deal: Timeframe given to Israel to withdraw from Lebanon 'is 2 months,' Raad says