Middle- East countries rely on imports for 80 per cent to 90 percent of their food and had been actively managing the crisis through localized storage infrastructure and alternative transit.
UN envoy Harish Parvathaneni voiced India’s strong condemnation over repeated attacks on civilian infrastructure, including Saudi airports, in the past few days that have led to the loss of lives.
Trump made these remarks while addressing a multilateral meeting with the Gulf Cooperation Council on Tuesday on the margins of the high-level UN General Assembly session.
Artificial intelligence will also be a key topic in talks and speeches, with its potential threats to humanity dominating global headlines after tech leaders sounded the alarm.
Production capacity has not been permanently lost, but security and logistical challenges are limiting the amount of oil that can reach the market, analysis say