A Climate Crisis in West Africa Is Making Chocolate More Expensive
Beans in the cocoa belt are rotting from downpours and disease, pushing futures to a 46-year high.
Welcome to Energy Daily, our guide to the energy and commodities markets powering the global economy. Today, reporters Mumbi Gitau, Baudelaire Mieu and Ekow Dontoh explain how cocoa has become the latest victim of the commodity crunch. Click here for a profile of the oil tycoon behind potential takeover target CrownRock LP. To get this newsletter sent straight to your inbox, you can sign up here .
For the past few years, supply snarls have hit fuels and commodities that the global economy fundamentally relies upon. Now the crunch is coming for an indulgence many of us love.