Maximo Torero

The Strait of Hormuz has been closed for 65 days. At around 90 days, the shock turns global. Structural adjustments are on the way: trade routes are shifting, stockpiling is rising, and nations are boosting efforts to produce fertilizer domestically. tinyurl.com/44e5ca7z

Economist Maximo Torero @MaximoTorero warns if the Iran war pushes past 90 days, shrinking food stocks combined with climate events like El Niño could trigger a dangerous spiral of global inflation. #heat #Iran #war #economy #inflation #elnino

Agrifood crises aren’t linear. Risks cascade over time. Example: @FAO's Hormuz analysis shows how energy shocks ripple through fertilizer, productivity and food security. Modeling can predict crises and identify policy combinations that boost resilience. tinyurl.com/mr28bzp5

As @MaximoTorero @FAO warned, disruptions in the Strait of Hormuz are driving one of the most severe shocks to global commodity flows. Building on this, Assem Abu Hatab shows is exacerbating energy & fertilizer shocks, increasing costs throughout the food production cycle.

The @FAO #HandinHand Initiative supports the implementation of nationally led, ambitious programmes to accelerate agrifood systems transformation. FAO Chief Economist @MaximoTorero explains how the Initiative delivers on this goal ⬇️ More: fao.org/hand-in-hand/en #FFD #Fin4Dev

My latest on how the conflict in the Middle East is threatening a global food crisis tinyurl.com/4jeaktrz

"A disruption measured in weeks can be absorbed by markets, but one that persists will move from markets to production. Once that happens, the outcome becomes far harder to reverse." Dr. Maximo Torero, Chief economist @FAO, explains why food systems must be treated with the same strategic importance as energy and transport when assessing the risks from the conflict in the Persian Gulf: impact.economist.com/energy-environ… #foodsecurity #globaltrade

Energy and fertilizer shocks are pushing governments toward subsidies. But subsidies often favor wealthier households, who consume more. Cash transfers reach those who need them most, helping smallholders stay in production & stabilizing rural economies. doi.org/10.4060/cd9363…

@ItalyUN_NY @UN @FAOSocioEcon @FAOnews @FAO4Members @FAO @MaximoTorero @FAOKnowledge @SpainMFA @UNDESA @WFP @WFPUSA @FAOInvest From today’s #Fin4Dev dialogue at @UN #FFD Forum: @FAO Chief Economist @MaximoTorero underscored the Organization's commitment to accelerating high‑quality debt swaps for #FoodSecurity, nutrition & climate action.

The supply gap is just beginning. If a peace deal comes within days, we’re still in a critical 0–90 day window: markets could absorb the shock, fertilizer flows resume, and a global food crisis be avoided. If not, risks escalate toward stagflation. tinyurl.com/m5j68zmj

#InCaseYouMissedIt Watch @CNN's interview with @FAO Chief Economist @MaximoTorero today on the #StraitOfHormuz and what to expect if ships don't start moving through the strait again soon. 📺cnn.com/2026/04/16/wor… @FAOSocioEcon @FAOnews @FAO4Members

#PanoramaMundial Con Gabriela Frías (@gfrias): Los Efectos De La Guerra Con Irán En El Precio De Los Alimentos Junto A @MaximoTorero, Economista Jefe De La Organización De Naciones Unidas Para La Agricultura Y La Alimentación (@FAO) - 15 De Abril, 2026 youtu.be/waG_XEoJLzU #RT

The tanker companies I spoke to last week confirmed that the last vessels that moved out of the Strait of Hormuz before the closure have reached their destinations at the end of March -- meaning the real supply gap is only beginning to materialize. tinyurl.com/bdrnx64s

Les navires ne peuvent plus transiter par le détroit d'Ormuz, ce qui fait grimper le coût des engrais. Grâce à la diplomatie, les pays peuvent encore éviter que cela ne se transforme en une crise alimentaire mondiale. @MaximoTorero Économiste en chef @FAO youtu.be/sKUlKxcBdlk

Ships still aren’t moving through the Strait of Hormuz. Fertilizer delays are forcing farmers to pay more or cut use. They need timebound, targeted help. With right policy and diplomacy, nations can still avert a global food crisis. Watch our update: youtu.be/sKUlKxcBdlk

Vessels are not moving through the #StraitOfHormuz, raising fertilizer costs. The delay will push food prices up later in the year. With diplomacy, countries can still prevent this from becoming a global food crisis. 🎙️@FAO Chief Economist @MaximoTorero: youtu.be/sKUlKxcBdlk

📊 @MaximoTorero, Economista Jefe de la @FAO, advirtió sobre la magnitud de los impactos globales si se prolongan las disrupciones actuales y cómo estas podrían escalar hacia un escenario de efectos económicos comparables a crisis recientes.

@FAOAmericas @FAOMexico El economista jefe de la @FAO, @MaximoTorero, explicó que el estrecho de Ormuz concentra flujos clave de energía e insumos agrícolas. El alza en costos ya influye en decisiones productivas y, si se prolonga, puede afectar rendimientos, por lo que llamó a medidas coordinadas.

@FAOAmericasADG @FAOAmericas @ONUMX El economista jefe de la @FAO, @MaximoTorero, explicó que el estrecho de Ormuz concentra 35% de las exportaciones de petróleo, 20% del gas natural y entre 20% y 30% de las exportaciones de fertilizantes, clave para la producción agrícola.

#SaveTheDate Join @FAO for a Fin4Dev dialogue on how debt swaps can foster long‑term investment in agrifood systems for food security and nutrition. UN headquarters, New York 20 April 2026 | 11:30 – 13:00 EDT More information: bit.ly/4sraGYK #Fin4Dev #FFDWeek