‘Hurting the vulnerable’: Indonesia’s palm oil ban ignites prices

Medan, Indonesia – Indonesia’s ban on palm oil exports is sending soaring cooking oil prices even higher worldwide, exacerbating global food security fears amid adverse weather and the war in Ukraine.

The export ban, announced by President Joko “Jokowi” Widodo on Friday, comes as global food supplies come under strain due to disappointing harvests in some countries, export disruptions due to the Russian invasion of Ukraine, and labour shortages caused by the COVID-19 pandemic.

READ MORE : https://www.aljazeera.com/economy/2022/4/25/hurting-most-vulnerable