The olive oil sector seeks solutions to the commercial disruption in the Middle East

The olive oil market has been affected in part by the disruption of trade routes due to the escalation of conflict in the Middle East and "we will have to see how the operators seek solutions," according to the executive director of the International Olive Council (IOC), Jaime Lillo. In statements to journalists after participating in the inauguration of the World Olive Oil Exhibition (WOOE) in Madrid, the representative of this intergovernmental organization dedicated to olive oil and table olives has lamented the recent attacks in the region, which affect people's lives and economic activity, including that of the olive oil sector. "In terms of the logistical part of transportation, even though they are not the areas where the largest production is concentrated, they complement each other because there is trade between the different regions," Lillo assured. Following the interruption of maritime trade through the Strait of Hormuz as a consequence of the war in Iran and ...