Lara Williams, Columnist

Your Olive Oil Might Be Unfit for Human Consumption

Criminals are exploiting liquid gold’s price shock, meaning you may be getting an adulterated product or worse.

How does it taste? 

Photographer: Angel Garcia/Bloomberg
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You can think of your grocery bill partly as an embodiment of a number of extreme weather events around the world, from sogflation as potato harvests suffered in Europe to tomato prices in the Middle East rising after heatwaves.

Perhaps the most dramatic example has been the eye-watering rise in olive oil prices over the last year, which few middle-class shoppers would have failed to notice. The steep climb can be traced back to severe drought and heatwave conditions in the Mediterranean, likely exacerbated by the climate crisis, as my colleague and Bloomberg Opinion’s resident olive oil expert Javier Blas has written.