In India, concern is growing in rural areas, where farmers fear an imminent food crisis linked to fertiliser shortages, which are themselves caused by the fallout from the war in Iran. Thousands of kilometres from the conflict, rice and wheat farmers are already seeing the first effects of a global disruption to supply chains, as the Strait of Hormuz, a strategic chokepoint for global energy trade, is severely disrupted.
In key agricultural states such as Punjab and Haryana, farmers rely heavily on chemical fertilisers to maintain their yields. However, these inputs rely heavily on imports from Gulf countries, which are directly affected by geopolitical tensions. India, the world’s second-largest consumer of fertilisers, uses over 60 million tonnes a year, making its agriculture particularly vulnerable to any external shock. Rising energy prices and the scarcity of natural gas, which is essential for urea production, are further exacerbating the situation.
The Indian authorities are attempting to reassure the public, stating that stocks are sufficient and that supplies are being diversified. But these statements are struggling to convince those on the ground, where farmers, often already weakened by debt and price volatility, fear a new shock. India’s heavily subsidised agricultural system remains highly exposed to fluctuations in international markets, fuelling structural anxiety.
Beyond India, the effects of this crisis are also being felt in Sri Lanka, where memories of a recent fertiliser shortage, against the backdrop of an economic crisis, remain fresh. There too, farmers are facing soaring prices and supply difficulties, to the extent that some are choosing not to sow to avoid taking on further debt. The authorities promise price controls and rationed distribution, but industry players question the reality of available stocks.
According to several international estimates, a prolongation of the conflict could have major consequences for global food security, particularly in developing countries. Agriculture, which is heavily dependent on energy and chemical inputs, thus appears to be a vector for the indirect spread of geopolitical crises. The Guardian
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Europe
🇷🇺 Russia – 🇺🇦 Ukraine • Russia has announced a 32-hour Easter truce, from Saturday afternoon to Sunday evening, with an order to cease fighting across the entire front line, and Ukraine has indicated it is prepared to respect it, despite the lack of prior coordination with Kyiv and Washington, against a backdrop of stalled negotiations and scepticism on the ground, where fighting has slowed but no lasting agreement is emerging between the two sides.
🇪🇺 European Union • The European Central Bank supports the Commission’s proposal to centralise financial market supervision at EU level, by transferring certain national powers to the European Securities and Markets Authority in Paris. This proposal, championed in particular by France and Germany, aims to strengthen European competitiveness against the United States and China, despite reservations from certain Member States such as Ireland and Luxembourg.
🇪🇺 European Union • The European Union is exploring the possibility of taxing windfall profits made by energy companies in response to rising prices linked to the conflict in the Middle East, drawing inspiration from the measures adopted in 2022 following the war in Ukraine. The Commission is proposing a temporary, coordinated levy to fund support for consumers. Several Member States support this initiative, although some, such as Germany, favour competition mechanisms to regulate profits deemed excessive.
🇭🇺 Hungary • With two days to go before the general election, the final rallies by Viktor Orbán and his rival Peter Magyar are drawing large crowds. Magyar, the Tisza Party candidate leading in independent polls, promises improved public services and a crackdown on corruption, attracting many young people and former voters of Orbán’s Fidesz.
Middle East
🇮🇱 Israel – 🇱🇧 Lebanon • Talks between Israel and Lebanon are scheduled for next week in Washington to discuss a ceasefire, with the US State Department involved. Israeli Prime Minister Benjamin Netanyahu has spoken of direct negotiations involving the disarmament of Hezbollah and the prospect of peace, but Lebanese officials are demanding a ceasefire first. Hezbollah rejects any direct talks, and Israeli strikes continue.
🇱🇧 Lebanon • Israeli strikes have killed 13 members of the Lebanese security forces in Nabatiyeh, according to an official toll, with significant damage to an administrative complex.
🇵🇸 Palestine – 🇺🇸 United States • The Gaza Peace Council, launched by Donald Trump, has received only a small fraction of the $17 billion pledged, with less than $1 billion actually paid by the United States, the United Arab Emirates and Morocco. The funding is intended to support the committee tasked with administering Gaza without Hamas, but the committee remains stalled in Cairo for security and financial reasons, due to a lack of available resources.
🇮🇱 Israel • Prime Minister Benjamin Netanyahu has requested the postponement of his hearings in his corruption trial, citing the security situation in the Near and Middle East. His lawyer states that he will be unable to testify for at least two weeks for diplomatic and security reasons.
Asia-Pacific
🇨🇳 China – 🇹🇼 Taiwan • President Xi Jinping told Cheng Li-wun (a Taiwanese opposition figure) that China would “under no circumstances” tolerate Taiwan’s independence, calling for reunification and peaceful relations between the two sides. The Kuomintang leader called for “mutually beneficial” exchanges. The Taiwanese authorities reiterated that only the island’s people can decide its future and are calling for dialogue with the elected government.
Americas
🇻🇪 Venezuela • Venezuela’s Parliament has approved a law opening up the mining sector to private and foreign investment, following a similar reform in the oil sector. The country possesses significant resources such as gold and coltan, but activity is largely controlled by armed groups and criminal networks in the Mining Arc. Experts and NGOs describe a system of co-governance between the security forces and these groups, raising doubts about the state’s ability to regulate the sector and curb abuses.
Africa
🇩🇯 Djibouti • Voters are casting their ballots in a presidential election with no suspense, with low turnout observed this morning at polling stations in the capital. President Ismaïl Omar Guelleh, in power since 1999, faces a single, little-known opponent, Mohamed Farah Samatar. The authorities are criticised for their crackdown on the opposition and control of the media.



