2026-03-23 08:56:19

This is the chart nobody is talking about.

Every major oil spike in the last 6 years has been followed by a surge in global food prices. The UN’s FAO Food Index has tracked Brent crude with a 2-4 month lag since 2020.
The current Brent crude spike is the steepest in the dataset. Faster than Russia/Ukraine in 2022. Faster than the post-COVID recovery.
The black line hasn’t caught up yet.
When it does, food prices globally are set to hit levels not seen since the 2022 crisis, possibly higher.
Oil is the first domino. Food is next. That’s not a prediction. It’s a pattern.

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