LIVE Watch Now Punjabi News Channel from Pakistan
Breaking
JK Spinning Mills Expands Renewable Energy with 8MW Solar CapacityPakistan’s Cement Sales Rise, Exports Drop in JulyFoodPanda Launches First Rider Rest Station in LahoreCDA Plans Early Construction of Cricket Stadium in IslamabadTaiwan chemical firm Johnson Fine to boost production for AI materialsCXMT Considers Second Beijing DRAM Plant as AI Demand SurgesSBP Launches Incentives to Promote Digital Payments at Petrol PumpsRefineries Call for Immediate Finalization of Upgrade AgreementsOlive Oil Prices Set to Rise Amid European Crop CrisisNasir Iqbal advances to squash final as Asim Khan exitsUS State Department Plans to Close Five Foreign MissionsGovernment Agrees with 16 Pension Fund Managers for New SchemeCotton Production Surges by 32% Amid ImportsOnsemi forecasts AI data-center revenue to surge in 2026Government Approves Refinery Upgrade PolicyOnly 5% of Firms Successfully Scale AI Agents, Telecom Firm ReportsPSMA Urges Government to Approve Sugar ExportsLego releases detailed Hubble Space Telescope modelSindh CM and World Bank Unite to Tackle Child StuntingCM Punjab Cricket Champions League CommencesJK Spinning Mills Expands Renewable Energy with 8MW Solar CapacityPakistan’s Cement Sales Rise, Exports Drop in JulyFoodPanda Launches First Rider Rest Station in LahoreCDA Plans Early Construction of Cricket Stadium in IslamabadTaiwan chemical firm Johnson Fine to boost production for AI materialsCXMT Considers Second Beijing DRAM Plant as AI Demand SurgesSBP Launches Incentives to Promote Digital Payments at Petrol PumpsRefineries Call for Immediate Finalization of Upgrade AgreementsOlive Oil Prices Set to Rise Amid European Crop CrisisNasir Iqbal advances to squash final as Asim Khan exitsUS State Department Plans to Close Five Foreign MissionsGovernment Agrees with 16 Pension Fund Managers for New SchemeCotton Production Surges by 32% Amid ImportsOnsemi forecasts AI data-center revenue to surge in 2026Government Approves Refinery Upgrade PolicyOnly 5% of Firms Successfully Scale AI Agents, Telecom Firm ReportsPSMA Urges Government to Approve Sugar ExportsLego releases detailed Hubble Space Telescope modelSindh CM and World Bank Unite to Tackle Child StuntingCM Punjab Cricket Champions League Commences
◕ SundialUpdated 1 hour ago
Trending
International

Olive Oil Prices Set to Rise Amid European Crop Crisis

European crops hit by extreme heat, drought and wildfires leading to potential price hikes.

Add Sun News on Google News
Olive Oil Prices Set to Rise Amid European Crop Crisis
Farmers inspecting damaged olive groves affected by severe weather conditions.

Key Takeaways

  • Extreme heat, drought and wildfires are affecting food production in Europe.
  • Olive groves have been hit hard by the climate crisis, leading to potential price hikes.
  • Farmers warn of increased costs for olive oil, already at elevated levels.

European farmers are warning that rising temperatures and severe weather conditions are likely to push up the prices of various foodstuffs, including olive oil. The climate crisis has led to record-high temperatures across the continent, impacting crops such as maize and salads.

Olive groves have been particularly affected, with many experiencing reduced yields due to drought and wildfires. This is expected to result in a significant increase in the cost of olive oil, which is already at elevated levels.

Farmers are expressing concerns about the impact on their livelihoods and the broader economy. The Guardian reports that the situation could lead to higher prices for consumers as well.