Russia's war heats up cooking oil prices in global squeeze (ABC News)
ABC News published an article stating that global cooking oil prices have been rising since the COVID-19 pandemic began for multiple reasons, from poor harvests in South America to virus-related labor shortages and steadily increasing demand from the biofuel industry. The war in Ukraine — which supplies nearly half of the world’s sunflower oil, on top of the 25 percent from Russia — has interrupted shipments and sent cooking oil prices spiraling.