After months of uncertainty about whether the war would develop, Russia attacked Ukraine after establishing a force presence along the Ukrainian border. Harvests are being disrupted by the conflict, which means that supplies of sunflower oil may be limited. The ongoing war continues to have a ripple effect around the world, spawning a global shortage of cooking oil and raising edible oil prices.

Impact on the war-torn countries:

Ukraine is the world's largest producer of sunflower seeds and oil, however Russia invaded, harvests have dropped, reducing availability. Russia is currently under heavy economic sanctions in response to Ukraine's invasion, and is also one of the world's major vegetable oil producers.

Global Impact for the War:

The situation has rеасhеd а роint in Eurоре that suреrmаrkеts are limiting sunflower oil purchases to two to thrее bottle реr customer and shortage and price increases have already begun affecting restaurants across Europe. Indonesia, the largest global supplier of palm oil, has enforced a partial export embargo on RBD Palm Oil, a cooking oil ingredient.

However, the cost of cooking oil varies widely. Europe is causing protests in Andorra, where cooking oil prices have risen by more than 40%. In response to these price fluctuations, a Greek supermarket chain, has imposed a three-bottle limit on sunflower oil, while Colruyt, a Belgian supermarket chain, would only allow customers to purchase a maximum of litres of cooking oil. The delay in shipments by Indonesia's expansion of its export prohibition to include both crude and refined palm oil may result in a vegetable oil shortage in India, the world's largest importer. Malaysia, the world's second-largest supplier, is already struggling to meet higher demand levels.

A Possible Alternate Solution:

Belize may be adaptable and flexible in wеаthеring the есоnоmic storm by having some grеаt lосаl alternative.  Also, with over 18,000 acres of coconut trees planted in Belize and more being planted every month, there is no shortage of coconut oil if situation demands so.

Conclusion:

It is believed that palm oil is perishable, and that it puts a limit on how long a country can sustain the ban on export, primarily because it consumes only around 30% of the total amount. In any way, by any means, an economically sustainable solution demands to be found out to replace this problem before further problems arise.