The U.S.-Israeli war on Iran has caused oil prices to surge, from less than $70 a barrel on February 27, a day before the war, to a peak of nearly $120 a barrel by Monday. Prices have now settled to about $90 a barrel. According to AAA, the average price of U.S. gasoline has shot up to $3.48 a gallon from just under $3 a week ago. The Iran war is also driving up the cost of fertilizers such as urea, ammonia and other nitrogen products that are critical for food production. The American Farm Bureau Federation sent a letter to the White House saying, “We are deeply concerned that failure to act could lead to disruptions to the food supply chain not seen since 2022 when food price inflation reached 40-year highs.”