Ruptly
"Rising fuel prices driven by the war between the US and Iran are taking a toll on Peru's fishing industry, as fishers, market traders, and businesses grapple with supply shortages and increased cost of living. Footage recorded in Lima on Saturday shows disrupted fishing activity taking place off the Chorrillos pier. "The Iran-US war affects us a lot. Practically, we will not be able to go out to sea to work. With all the expenses, it is too much. […] We do not have fuel, and it practically affects us because it is expensive. Gasoline is going up all the time, and there is no sign of stopping," said fishermen Pedro Cossio. He added that his colleagues have also been forced to limit the frequency of their trips to sea, which directly affects their fishing work and daily income. "Since the war began, fuel has practically gone up by almost 30 or 40 per cent. And it is affecting us a lot because sometimes we do not catch anything," he added. In markets, workers report a decline in sales and customer flow, as fish vendors are forced to raise prices due to higher fuel costs. "People no longer come like before. Fuel has gone up, and there are few people who come to buy here at the market," said fish cleaner Yolanda Dongo. In addition to the fishing sector, Peru’s agricultural industry has also been heavily affected by tensions in the Middle East due to the rising cost of nitrogen fertilisers such as urea, whose supply depends largely on foreign markets. Peru ranks among the world’s top producers in the fishing industry, with the sector a cornerstone of the country’s economy. Shipping disruptions in the Strait of Hormuz, a key route for roughly 20 per cent of global oil and liquefied natural gas, have driven prices higher and strained imports. The disruption follows escalating tensions after the United States and Israel launched joint military operations against Iran on February 28, intensifying pressure on global energy markets."
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