Price of olive oil expected to rise again as European crops feel the heat
business
Per The Guardian, farmers across Europe are warning of production shortfalls and rising food costs as extreme heat, drought, and wildfires damage crops ranging from maize to salads. Olive oil, already at elevated prices, is expected to rise further as olive groves face record temperatures across the continent. The climate crisis is putting pressure on European agriculture from multiple directions—environmental stress that reduces yields, and tightening supply that drives prices upward.
Source: https://www.theguardian.com/business/2026/aug/04/price-ol...
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