oil prices

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How the Blockage of the Strait of Hormuz Impacts the Coffee Sector

Source: International Coffee Organization (ICO) Author: Coffee World – Dubai Date: May 20, 2026 Executive Summary Reduced shipping flows through the Strait of Hormuz since March threaten global coffee supply chains. Brent crude prices jumped 63% from $72.29/barrel in February to $118.03/barrel in April. Urea fertilizer prices rose 47% from $465.45/ton to $684.75/ton over the</p>

5 Min Read

2026-05-21

News

Oil Surge Could Brew Higher Coffee Prices

Dubai – Qahwa World Rising oil prices linked to escalating tensions in the Middle East are raising fresh concerns across the coffee sector, with vendors warning that higher fuel costs could eventually translate into more expensive coffee for businesses and consumers. Crude oil climbed above 90 dollars per barrel on Friday, a level that industry</p>

2 Min Read

2026-03-07