Why the cost of olive oil is shooting up

.HOMER contacted it liquefied gold. To Hippocrates it was “the great therapist”. These days olive oil is actually used to sautu00e9 vegetables or even outfit salads– however it is once again coming to be a luxury.

In September prices reached their highest degree because reports began, rising through 117% year-on-year according to the International Monetary Fund. Olive oil is actually seventeen times as valuable as crude oil body weight for weight in 2019 it was actually seven times much cheaper. Why has the price soared?