Shortage of oil refineries haunts Africa as fuel prices rocket

A shortage of oil refineries across sub-Saharan Africa coupled with soaring crude prices because of the war in Ukraine has left countries dangerously short of fuel supplies, disrupting airlines and causing queues at filling stations. The surge in prices comes in tandem with a spike in the cost of food after Russia sent troops into … Read more

In the US, manure is ‘hot commodity’ amid commercial fertilizer shortage

CHICAGO, USA – For nearly two decades, Abe Sandquist has used every marketing tool he can think of to sell the back end of a cow. Poop, after all, needs to go somewhere. The Midwestern entrepreneur has worked hard to woo farmers on its benefits for their crops. Now, facing a global shortage of commercial … Read more

Diesel shortage in Europe threatens to slow economic growth

LONDON, United Kingdom – European face the risk of a diesel shortage, the preferred fuel for heavy industry, as on Russian energy threatens to disrupt imports while supply from elsewhere limited. Russia is Europe’s largest supplier of diesel and related fuels, sending over three quarters of a million barrels per day (bpd) for use in … Read more

As sanctions bite Russia, fertilizer shortage imperils world food supply

CHICAGO, USA – Sky-high fertilizer prices have farmers worldwide scaling back its use and reducing the amount of land they’re planting, fallout from the Ukraine-Russia conflict that has some agricultural industry veterans warning of food shortages. Western sanctions on Russia, a major exporter of potash, ammonia, urea, and other soil nutrients, have disrupted shipments of … Read more

South Europe fears livestock culls as Ukraine conflict prompts feed shortage

ROME, Italy – Carlo Vittorio Ferrari, who runs a farm holding 2,000 pigs with his brother near the town of Cremona in northern Italy, fears his fourth-generation family business could be lost due to conflict in Ukraine. The country is a major global supplier of animal feed, stocks of which are falling fast across import-reliant … Read more