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Libya: Sugar prices rise to their highest levels amid Middle East unrest and rising oil

Libya: Sugar prices rise to their highest levels amid Middle East unrest and rising oil

Rédaction Africa Links 24 with Admini Al Saeeti
Published on 2026-03-20 10:11:16

White sugar prices have risen to their highest levels since October. This surge is driven by increasing oil costs. Ongoing disruptions in the Strait of Hormuz are also a factor. These issues have raised concerns about supplies in the Middle East. Shipments coming from the region are also affected.

The most traded contract in London climbed 2.7%. It reached $449.4 per ton. This is its highest level since October 15. Raw sugar also rose over 3% in New York. This mirrors crude oil movements….

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