Iran & Rabobank

Iran: Iran's effective closure of the Strait of Hormuz has caused a global energy crisis, driving up oil and gas prices and disrupting supply chains. The nation is also engaged in ongoing conflict with Israel and the United States, leading to economic sanctions and military actions.

Rabobank: Rabobank estimated mid-single-digit food inflation over the next 12 to 18 months due to higher diesel costs impacting agriculture.

Iran: The ongoing Iran war has contributed to sharply rising fertilizer and gas costs, which, combined with El Ni , could drive prices even higher and exacerbate inflation in Southeast Asia.

Rabobank: Rabobank provides insights into the agricultural sector, with Vitor Pistoia commenting on the impact of high fertilizer costs and low rainfall.

Rabobank: Rabobank analysts provided a forecast for oil prices, expecting them to hold above $90 a barrel in the near term.