UNDP Chief Warns Iran War to Push Over 30 Million Into Poverty Amid Global Supply Chain Disruptions
The United Nations Development Programme (UNDP) Chief, Alexander De Croo, has issued a warning that the ongoing conflict involving Iran is set to push over 30 million people back into poverty. This dire prediction is attributed to significant disruptions in global supply chains, particularly affecting fuel and fertilizer supplies. The Strait of Hormuz, a critical passage for one-third of the world's fertilizer, is a focal point of tension between Iran and the United States, exacerbating the situation. The shortage of fertilizers is expected to lower agricultural productivity, impacting crop yields later in the year. Additionally, the crisis is anticipated to peak food insecurity levels, with energy shortages and reduced remittances further compounding the issue. International organizations, including the World Bank and the International Monetary Fund, have also raised alarms about the rising food prices and their impact on vulnerable populations. 
