Far reaching impact of the war

Fertiliser demand is also crucial in the food security of the country. Some 35% of fertiliser passes through the Strait of Hormuz and the shortage of that will affect the yield of crops. — AFP

THE world is dealing with the supply shock of the Iran war and it does appear that the situation will get worse before it gets better.

The Crisis Management Task Force under the National Economic Action Council, chaired by Tan Sri Mohd Hassan Marican, gave a briefing on Thursday on the impact the Iran war is having – and will have – on Malaysia.