The news. The narrative. The timeline.
Bureau: London
The UK Foreign Secretary called the world sleepwalking into a food crisis because Hormuz froze fertiliser at the spring planting window — supply-chain Twitter has said so since March.
Inventory keeps falling, supply has not returned, and a waiver rumor is still not a reopened Strait.
A real decline lives under a real caveat — and the CDC keeps the caveat above the number on its own dashboard.
An 82% El Nino probability stacked on decades of sea-level rise is the household forecast — even on days without a storm.