Iran war is making the world a little less sweet as oil soars at the worst possible time for sugar

Harvest season in Brazil is about to begin, and cane farmers must decide how much goes to sugar and how much to ethanol.
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Sugar sector complains of too much imports

MANILA, Philippines — The country’s sugar industry has already lost P7.28 billion due to overimportation and may even lose up to P20 billion by June if the situation is not addressed, Negros ...