Olive oil could soon become prohibitively expensive, traders warn. What's behind the already rising prices – and what the weather in Spain has to do with it:.
Olive oil has long been a staple food in every household. The cooking oil is popular and is often touted as a healthier but easy alternative to other oils. But those days could soon be over. The crisis year 2022 already caused prices for edible oils to rise rapidly. And now olive oil threatens to become even more expensive.