live Trump urges action at Strait of Hormuz as 20,000 sailors stranded- Middle East, 31 March
The Iran-U.S.-Israel conflict is escalating further with missile and drone attacks, expanded strikes on key infrastructure, and growing regional fa...
Egg prices in the United States are predicted to increase by 41.1% in 2025, according to a report released by the Department of Agriculture (USDA) on Tuesday. U.S. Secretary of Agriculture Brooke Rollins met with poultry farmers and industry leaders focused on avian flu response efforts.
USDA forecasts prices for all food will rise 3.4% this year, up from the expected 2.3% increase last month.
The surge in grocery prices was driven by eggs, which are projected to increase by 41.1% this year, a sharp rise from the previously expected 20.3% increase forecasted last month.
The skyrocketing and volatile egg prices are linked to the outbreak of highly pathogenic avian influenza, which has significantly reduced layer flocks and egg production.
Press Secretary Karoline Leavitt said that egg prices had continued to surge because “the Biden administration and the Department of Agriculture directed the mass killing of more than 100 million chickens, which has led to a lack of chicken supply in this country, therefore lack of egg supply, which is leading to the shortage.”
Brooke Rollins also blamed the Biden administration for "overregulation" as the reason egg prices are high, and said it will take some time to bring them down.
"President Trump understands the importance of addressing this issue head on, and USDA is taking action to support farmers, strengthen supply chains, and bring egg prices down,” - she said.
Retail egg prices increased by 13.8 percent in January 2025 after rising by 8.4 percent in December 2024, according to Food Price Outlook for 2025.
Egg prices in January 2025 were 53.0 percent higher than in January 2024 and surpassed the previous peak prices in January 2023.
The national average price for eggs hit $4.95 a dozen for shoppers in January, - according to a report from the U.S. Bureau of Labor Statistics.
Retail egg prices continue to experience volatile month-to-month changes due to an outbreak of HPAI that began in 2022.
An increasing number of commercial egg layers are being affected by the bird flu outbreak. The report estimated 18.8 million commercial egg layers were affected by bird flu in January, the report stated.
“Offerings are very light to light with little chance for improvement in the near-term as highly pathogenic avian influenza (HPAI) continues to impact productive flocks,” the USDA said in the Feb. 14 report.
In response, President Donald Trump has brokered a deal with Türkiye to import 15,000 tons of eggs, offering temporary relief.
U.S. President Donald Trump has said that the U.S is in talks with the new Iranian regime. He said this in a post on his Truth Social account but warned that the U.S. will "Obliterate" Iran's electric and oil facilities if no deal is reached, especially regarding the Strait of Hormuz closure.
NASA is aiming to launch its Artemis 2 mission on Wednesday (1 April), sending astronauts on a 10-day journey around the Moon, officials confirmed. According to the Space Administration, the launch window is due to open at 23:24 GMT, with additional opportunities to 6 April if delays occur.
The Iran-U.S.-Israel conflict is escalating further with missile and drone attacks, expanded strikes on key infrastructure, and growing regional fallout. At the same time, diplomatic efforts to de-escalate began to emerge amid rising global energy and security concerns.
A senior Iranian military officer warned that American troops will become ‘food for sharks’ on Sunday if the U.S. launches a ground offensive in Iran. The threat came as contingents of U.S. Marines began to arrive in the Middle East, with thousands expected to be deployed in the region.
The Israeli military said on Monday that Iran launched multiple waves of missiles at Israel, and an attack had also been launched from Yemen for the second time since the U.S.-Israeli war began on Tehran. It said two drones from Yemen were intercepted early 30 March but gave no further details.
The U.S. national average retail price of petrol rose above $4 a gallon for the first time in over three years on Monday (30 March), according to GasBuddy data, as the U.S.–Israeli war with Iran continued to roil global energy markets.
Japan and Indonesia will deepen coordination on energy security, Tokyo said, as the U.S.-Israeli war on Iran disrupts vital oil and gas flows to Asia.
China's three largest state-owned airlines have issued warnings regarding their financial outlook for the current year, acknowledging that the eruption of war involving Iran has driven jet fuel prices to unsustainable highs.
Stock markets across Asia fell on Monday as escalating conflict involving Iran drove oil prices sharply higher, fuelling fears of inflation and a potential global recession, with investors reacting to disruption risks in the Strait of Hormuz and prolonged hostilities.
World Trade Organization (WTO) talks broke up with no agreement on Monday on a plan for reform or even on extending a moratorium on e-commerce, piling more pressure on the trade body that finds itself increasingly sidelined by economic nationalism.
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