The Food and Agriculture Organization of the United Nations and the World Food Programme have released an information note detailing the impact of ongoing regional developments on agriculture and food security in Iraq. The disruptions in shipping through the Strait of Hormuz have led to increased volatility and costs in energy, fertilizer, and agrifood markets, significantly affecting Iraq's reliance on imported food and agricultural inputs. With oil revenues financing the majority of public spending and agricultural support, any decline in oil prices could jeopardize the Public Distribution System and agricultural subsidies. The note emphasizes the need for monitoring market conditions, protecting the upcoming input window for farmers, and providing targeted assistance to vulnerable households to mitigate the risks posed by these developments.
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