Scramble for biofuel as oil prices rise βcould push world closer to food crisisβ
5 June 2026 at 05:00
Experts say increased use of crops for fuel is βdangerous gameβ that could send food price inflation soaring
Demand for biofuels is likely to leap by nearly a third this year, which could send food price inflation soaring further and push the world closer to a global food crisis.
More countries are opting to increase biofuel use as the price of oil has jumped to nearly $100 a barrel after the US-Israeli attacks on Iran and the closure of the strait of Hormuz.
Continue reading...
Β© Photograph: Brazil Photos/LightRocket/Getty Images

Β© Photograph: Brazil Photos/LightRocket/Getty Images

Β© Photograph: Brazil Photos/LightRocket/Getty Images