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Europe olive oil supply runs out after drought and the odd hail storm.

We are seeing unexpected shortages due to climate volatility expressed through simultaneous droughts, extreme precipitation, hail and increased ocean temperatures. Unexpected mass migrations will alter historical supply/demand balance in multiple geographies. Such volatility coupled with government missteps have led to famines throughout history. The data is conclusive.

https://www.theguardian.com/world/2023/sep/28/europes-local-olive-oil-supply-runs-almost-dry-after-s

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