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FAO: World food prices rise to 3-year high in April

Filed: May 08, 2026 at 6:04 AM ET
Summary: FAO said world food prices rose in April to their highest in more than three years.
WHO: FAO
WHAT: Reported that world food prices climbed to a more-than-three-year high in April
WHEN: May 08, 2026 at 5:31 AM ET
WHERE: United Kingdom
WHY: World food prices rose due to elevated vegetable oils linked to the Iran war and the effective closure of the Strait of Hormuz.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.

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