Scramble for biofuel as oil prices rise ‘could push world closer to food crisis’

Experts say increased use of crops for fuel is ‘dangerous game’ that could send food price inflation soaring Demand for biofuels is likely to leap by nearly a third this year, which could send food price inflation soaring further and push the world closer to a global food crisis . More countries are opting to increase biofuel use as the price of oil has jumped to nearly $100 a barrel after the US-Israeli attacks on Iran and the closure of the strait of Hormuz. Continue reading...

Go to News Site