Financial Times: Iran war hits pistachio supplies amid Dubai chocolate boom
Iran's escalating military conflict is disrupting global pistachio supplies, with Iranian production expected to fall 30–40% through 2026. Simultaneously, Dubai's chocolate manufacturing sector—which sources 60% of its nuts from Iran—faces acute input shortages. Prices for premium pistachios have risen 35% since March, triggering substitution pressure across confectionery supply chains.