Food Prices Rise to Highest in Three Years on Iran War Costs

Global food prices climbed to their highest level in more than three years as the Iran war disrupted supply chains, raising the prospect of larger bills for shoppers.

The United Nations’ index of food-commodity prices gained 1.6% in April from the previous month, led higher by vegetable oils, meat and cereals, according to a Friday report from the Food and Agriculture Organization. That’s 2.5% higher than a year ago.