Harvest-ready rice fields are lying idle and farmers are deciding whether to skip planting for the coming season, as spiking fuel and fertilizer costs from the war in the Middle East hit one of the world¡¯s biggest rice-growing regions.
Across Southeast Asia, tens of millions of smallholders are struggling to find affordable crop nutrients as well as the diesel needed to run tractors, irrigation pumps and rice planters. In Thailand, some farmers are leaving the crop in the ground as it¡¯s too expensive to harvest.
The scarcity of supplies underscores how the six-week war in Iran has upended global trade and raised concerns around food shortages. As well as driving oil prices higher, the near-closure of the Strait of Hormuz ¡ª which remains largely blocked despite a temporary ceasefire ¡ª has choked a vital route for fertilizer and fuel deliveries, with Asia particularly affected.
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