Global Food Prices Set To Soar As The Oil And Gas Crunch Continues

Global Food Prices Set To Soar As The Oil And Gas Crunch Continues

OilPrice.com

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The potential for a knock-on effect of rising fuel prices to be felt by other industries is becoming more likely, as oil and gas prices continue to rise to an all-time high, companies are finding it hard to maintain their costs and may have to shift this burden to the consumer any day now.  Petrol prices have risen higher and higher this year, as oil makes a comeback in 2021 following a difficult year of pandemic restrictions and low demand. This has, of course, been aided by the OPEC+ curbs on production that restricted oil output across…

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