FAO: Conflicts in Middle East Hamstring Efforts to Eradicate Hunger

FAO Assistant Director-General and Regional Representative, Abdessalam Ould Ahmed during the report's launch in Cairo, Egypt (Asharq Al-Awsat)
FAO Assistant Director-General and Regional Representative, Abdessalam Ould Ahmed during the report's launch in Cairo, Egypt (Asharq Al-Awsat)
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FAO: Conflicts in Middle East Hamstring Efforts to Eradicate Hunger

FAO Assistant Director-General and Regional Representative, Abdessalam Ould Ahmed during the report's launch in Cairo, Egypt (Asharq Al-Awsat)
FAO Assistant Director-General and Regional Representative, Abdessalam Ould Ahmed during the report's launch in Cairo, Egypt (Asharq Al-Awsat)

Food and Agriculture Organization (FAO) called for increasing the cooperation and solidarity among the countries of the Near East and North Africa region to eradicate hunger, which affects about 40 million people in the region, according to official figures.

The organization also requested intensifying the efforts to end conflicts and achieve development after food insecurity levels in conflict countries were six times higher than that of more stable countries of the region.

FAO estimates that about 55.2 million people suffer from acute food insecurity in the region, confirming that 10.2 percent of the region's population suffer from malnutrition, while 12 percent suffer from food insecurity.

FAO Assistant Director-General and Regional Representative, Abdessalam Ould Ahmed reiterated importance of establishing resilient and sustainable peace in the region is important for improving the well-being of the population.

Speaking to Asharq Al-Awsat, Ould Ahmed stressed that no country in the region can succeed on its own because the countries are linked, adding that it is necessary to work together to compensate "lost opportunities" in comprehensive development, including food security.

In Cairo, FAO launched its 2017 report "Regional Overview of Food Security and Nutrition in the Near East and North Africa (NENA)" which highlights in particular how an ongoing intensification of violence is opening a wide "hunger gap" between countries being affected by conflicts and those that are not.

The report indicated that in countries directly impacted by conflict, 27.2 percent of all people were chronically hungry, or undernourished, during the 2014-2016 period, which is six times higher than the share of the population that was undernourished in countries not affected by strife.

Meanwhile, "severe food insecurity", one of FAO's metrics to measure hunger, in conflict-affected countries now is double that in non-conflict countries.

In a region largely made up of developing, middle-income countries, chronic hunger typically affects less than 5 percent of their populations. Violence in some of these countries has seen the proportion of chronically hungry people in conflict zones increase to levels comparable with the world's poorest countries.

This will make realistic progress towards eradicating hunger in the region using traditional tools of policy-making difficult, unless decisive steps towards peace and stability are taken, the report cautions.

The report highlights several regional countries being particularly affected by conflict, with profound consequences for people's incomes and food security.

In Syria, violence has provoked a 67 percent reduction in the country's Gross Domestic Product (GDP) and severely undermined food security, as between 70 and 80 percent of Syrians now need humanitarian assistance, while 50 percent require food assistance.

In Iraq, the report stated that violence led to a 58 percent decline in GDP, with 30 percent of the population needing humanitarian assistance while 9 percent requires food assistance.

As for Yemen, the conflict led to a situation where 70 to 80 of the population in need of humanitarian assistance and 50 percent require food assistance.

Whereas in Libya, conflict is undermining food security with 6 percent of the population in need of food assistance, according to the report.

During the launch ceremony, FAO Assistant Director-General Ould Ahmed highlighted the pivotal importance of building resilience and sustaining peace in the Near East and North Africa region to improving peoples' well-being.

He pointed to "the growing need to implement long-term and comprehensive policies and practices to achieve Zero hunger by 2030," adding that "when countries in the region are suffering from an escalation of conflicts, the aim to tackle the region's deepest concerns of malnutrition, water scarcity and climate change becomes more challenging but at the same time more urgent".

Ould Ahmed concluded that only through improved cooperation and solidarity will the region be able to end conflicts and violence and get back to development.

FAO's report establishes a baseline for measuring future progress towards achieving the second goal of the SDG in the MENA region using the latest indicators for the SDG targets on hunger and food insecurity and malnutrition.

The report also identifies how conflict itself encumbers SDG monitoring with UN agencies gathering and assessing information on food security and nutrition status during conflict, but the data are not always complete and can be difficult to compare with peacetime data.

Other than statistics, the report focuses on the fundamental factors that improves food security and malnutrition: poverty reduction, economic growth, improvements in maternal and childhood nutrition and public health, increases in the quantity and quality of food and the cessation of violence.



Less than a Month's Supply: Europe's Jet Fuel Stocks are Wafer Thin as Iran Tensions Flare

An Exolum refueling tanker fills an airplane at Almeria airport in Spain, April 19, 2026. REUTERS/Nacho Doce/File Photo
An Exolum refueling tanker fills an airplane at Almeria airport in Spain, April 19, 2026. REUTERS/Nacho Doce/File Photo
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Less than a Month's Supply: Europe's Jet Fuel Stocks are Wafer Thin as Iran Tensions Flare

An Exolum refueling tanker fills an airplane at Almeria airport in Spain, April 19, 2026. REUTERS/Nacho Doce/File Photo
An Exolum refueling tanker fills an airplane at Almeria airport in Spain, April 19, 2026. REUTERS/Nacho Doce/File Photo

Europe has imported jet fuel from the US and Asia, raised its refiners' output and drawn on stocks to keep planes flying – and yet it remains the region most exposed as renewed Middle Eastern tension raises the risk of further supply disruption.

Britain, France and Germany are particularly vulnerable in a continent where decades of refinery closures left it more reliant than most on Middle Eastern shipments via the Strait of Hormuz, Reuters said.

The Strait, conduit for around a fifth of the world's seaborne oil and liquefied natural gas until US-Israeli airstrikes unleashed a war on Iran at the end of February, partly reopened in June.

In July, however, a fragile truce has come under threat from strikes by both sides.

Data from consultancy Energy Aspects dated June 18 already anticipates a supply deficit across Europe of nearly 600,000 barrels ‌per day in ‌the third quarter, against surpluses of 116,000 bpd in the United States and 425,000 ‌bpd ⁠in Asia-Pacific.

Inventories stood at ⁠38 million barrels at the start of June, compared with 99 million in the United States, Energy Aspects said. That leaves Europe with less than 30 days of demand cover, Reuters calculations show — the tightest of the major jet fuel markets.

The most recent data available from the International Energy Agency's latest monthly report, showed provisionally jet fuel stocks were 10% higher year-on-year at the end of May, while refinery output rose 30%. The figures also implied only a month of leeway.

"We still do expect some tightness through August at this rate," said Janiv Shah, analyst at Rystad.

The European Commission has also acknowledged the ⁠situation could get worse.

EU Energy Commissioner Dan Jorgensen said in June the bloc faced tighter ‌jet fuel stocks towards the end of the summer holiday season and ‌that Brussels would coordinate releases of national reserves if needed.

CARGOES FROM CANADA TO SOUTH KOREA

Until war broke out at the ‌end of February, Europe had relied on the Middle East for around half of its jet fuel imports.

In March, ‌analysts had expected African countries, which sourced nearly all their jet fuel from the Middle East, to be the hardest hit.

However, they have managed to increased imports from Nigeria's Dangote refinery, as well as India and Oman, according to data from commodities intelligence firm Kpler.

Europe, meanwhile, has so far prevented supplies running out by turning to new sellers, such as Canada.

In June, Europe overall imported ‌673,000 bpd of jet fuel, its highest since October 2025, Kpler data showed.

The US and Nigeria were the biggest exporters to Europe, but Kuwait, Canada, India and ⁠South Korea also provided ⁠cargoes.

Imports from India in June reached their highest since February and nearly 25,000 bpd Kuwaiti barrels are due to arrive in August for the first time since early March through a ship-to-ship transfer on the ship Proteus Harvonne.

Before flows were interrupted, Kuwait was one of the biggest suppliers of jet to the region.

Among those who increased production to ease the strain, Italian refiners increased jet fuel production by 10% in the first four months of the year.

The countries' imports fell 6%, enabling domestic production to meet nearly 70% of demand in March and April, according to UNEM, Italy's fuel producers' association.

Eni, which accounts for around half of Italy's jet fuel production capacity, boosted output by importing semi-finished products from outside Europe, industry sources said.

Jet fuel prices in northwest Europe meanwhile have fallen to around $133.27 a barrel from a record $215.32 at the end of March, easing pressure on airlines. Fuel typically accounts for between 20% and 25% of operating costs.

Immediate discounts to air ticket prices are unlikely, analysts say, as demand is strong and capacity is limited, especially after many carriers cut flights to maximize fuel supplies.


Oil Jumps 4% as New Military Strikes Threaten Hormuz Shipments

FILE PHOTO: Crude oil storage, a part of the United States' strategic oil reserve, is pictured in the Permian Basin oil field near Midland, Texas, US February 18, 2025.  REUTERS/Eli Hartman/File Photo
FILE PHOTO: Crude oil storage, a part of the United States' strategic oil reserve, is pictured in the Permian Basin oil field near Midland, Texas, US February 18, 2025. REUTERS/Eli Hartman/File Photo
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Oil Jumps 4% as New Military Strikes Threaten Hormuz Shipments

FILE PHOTO: Crude oil storage, a part of the United States' strategic oil reserve, is pictured in the Permian Basin oil field near Midland, Texas, US February 18, 2025.  REUTERS/Eli Hartman/File Photo
FILE PHOTO: Crude oil storage, a part of the United States' strategic oil reserve, is pictured in the Permian Basin oil field near Midland, Texas, US February 18, 2025. REUTERS/Eli Hartman/File Photo

Oil prices surged over 4% on Monday as energy shipments via the Strait of Hormuz remained under threat, with the US and Iran announcing renewed military strikes.

Brent crude futures climbed $3.10, or 4.08%, to $79.11 by 0325 GMT, while US West Texas Intermediate crude rose $2.95, or 4.11%, to $74.36 a barrel, Reuters reported.

US forces completed another wave of strikes against Iran on Sunday, hitting dozens of targets at multiple locations with precision munitions, the Central Command said. Iran's Revolutionary Guards said on Monday they ⁠attacked US military bases ⁠in Kuwait and Bahrain.

US President Donald Trump said on Sunday that the Strait of Hormuz is open to commercial traffic, although Iran declared earlier that it closed the strait after a vessel traveled on an unapproved route and was struck.

Some 20% of the world's oil and liquefied ⁠natural gas transited the strait before the war began at the end of February.

Six vessels transited the strait on Sunday, ship-tracking data from Kpler showed, the lowest number in five weeks.

The escalating attacks cast further doubt on the future of an interim US-Iranian agreement signed last month that aimed to reopen the strait and end the war after a further 60 days of negotiations.

Following the agreement, global oil supply rose by 4.1 million barrels per day in June, but remained ⁠9.4 million ⁠bpd below pre-war levels, the International Energy Agency said in its monthly report on Friday.

"Hopes of a relatively quick resolution to the recent skirmishes may be in doubt after tension escalated over the weekend," ANZ analysts said in a note.

IG market analyst Tony Sycamore said the relatively tame rise in oil prices suggested the market was taking the view that the current flare-up represented an escalation within a fragile truce and fell well short of a complete collapse of the ceasefire.

"How accurate that view is remains to be seen," he said in a note.


Egypt's January-March Current Account Deficit Widens to $5.1 billion

The headquarters of the Central Bank of Egypt in downtown Cairo (Asharq Al-Awsat)
The headquarters of the Central Bank of Egypt in downtown Cairo (Asharq Al-Awsat)
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Egypt's January-March Current Account Deficit Widens to $5.1 billion

The headquarters of the Central Bank of Egypt in downtown Cairo (Asharq Al-Awsat)
The headquarters of the Central Bank of Egypt in downtown Cairo (Asharq Al-Awsat)

Egypt's current account deficit more than doubled to $5.1 billion in the January-March quarter from $2.3 billion a year earlier, central bank data showed on Sunday.

Net foreign direct investment inflows edged down to $3.7 billion from $3.8 billion in the same period of 2025, Reuters reported.

The central bank attributed the wider July-March current account deficit mainly to a larger merchandise trade deficit, partly offset by higher remittances, tourism revenue and Suez Canal receipts.

Remittances from Egyptians working abroad rose to $12.8 billion from $9.3 billion in the same quarter last year, Reuters reported.

Tourism revenue increased to $4.2 billion from $3.8 billion in the same period last year. Suez Canal revenues rose to $1 billion from $800 million a year earlier.

Oil imports increased to $5.7 billion in the same quarter, from $4.8 billion a year earlier, while exports rose slightly to $1.6 billion from $1.2 billion.