Iran: The Latest Iran: The Latest

MI5 warns Iran targeting UK military sites & the war’s looming food price crisis

Oct 13, 2026 · 34m

Summary

This episode examines the global food security crisis triggered by the closure of the Strait of Hormuz, which has severely disrupted fertilizer supplies and increased agricultural input costs. Host Roland Oliphant discusses these impacts with Joseph Glauber of the International Food Policy Research Institute, who analyzes the combined effects of the war, Black Sea shipping disruptions, and El Niño weather patterns on grain prices and poverty.

Topics discussed

Episode intro: Strait of Hormuz closure and Yemen war update Military strikes in Yemen and humanitarian crisis in Taiz Airline suspensions to Saudi Arabia due to regional disruption UK blames Iran for RAF Fairford plot and imposes sanctions Trump dismisses China/Russia support; details on tech transfers Interview intro: Joseph Glauber on fertilizer and food security Impact of Hormuz closure on global fertilizer trade Nitrogen fertilizer supply chains and seasonal planting impacts Phosphate and sulfur supply disruptions and price increases Economic modeling: poverty, undernourishment, and yield data Black Sea grain export disruptions and wheat price rise Market resilience vs. affordability issues in poor nations El Niño effects on rice, maize, and global weather patterns Weaponization of food: cyber attacks and trade blockades Conclusion: Trade liberalization and future food security strategies
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