Could $100 Oil Trigger a New U.S. Farm Cost Crisis?

Rising Brent crude oil prices above $100 per barrel due to geopolitical tensions near the Strait of Hormuz are driving record-high diesel costs in the U.S., which is significantly increasing fuel, fertilizer, freight, and other input expenses for American farmers, potentially triggering a cost crisis for the 2027 planting and harvest seasons.

This Wire brief sits within Fusion42's coverage of Foodtech.