Praia, Mar. 5, 2026 (Lusa) - Cabo Verde's leading cereal importer is bringing forward purchases to guarantee stocks until the end of the year, as a precautionary measure in light of the outbreak of military attacks in the Middle East, the director-general of Moave told Radio Cabo Verde on Thursday.
“[We are] bringing forward imports to ensure some price stability: we had to take immediate action,” said Vera da Luz, general manager of Moave.
She explained that the goal is to avoid any negative effects, noting that grain transportation prices have already increased, particularly for wheat.
“We expect this to happen across the board for all products, and we want to guarantee stocks until the end of the year. We are talking about wheat, corn, and rice,” with some imports already on their way at previous prices.
She said that there is a good global grain harvest and that, if there is uncertainty, it will not be in terms of supply, but rather “in terms of transport prices, which may affect import costs.”
On 28 February, the United States and Israel launched a military attack against Iran, killing Ayatollah Ali Khamenei, the country's supreme leader since 1989, during the offensive.
The Iranian Leadership Council is currently in charge of the country.
Iran closed the Strait of Hormuz and launched retaliatory attacks against targets in Israel, US bases, and other infrastructure in countries in the region, such as Saudi Arabia, Bahrain, the United Arab Emirates, Qatar, Kuwait, Lebanon, Jordan, Oman, Iraq, Cyprus, and Turkey.
Since the beginning of the conflict, more than 1,000 people have been killed, most of them Iranians.
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