FORBES Your Bottle Of Olive Oil Just Got Caught In A War Zone

The Lempert Report
March 30, 2026

FORBES Your Bottle Of Olive Oil Just Got Caught In A War Zone

A war in the Middle East, a 15% tariff on EU imports, and Red Sea shipping disruptions are converging on America's most beloved cooking oil — and most shoppers don't see it coming.

Pick up a bottle of olive oil at your local supermarket today. Chances are it came from Spain, Italy, Tunisia, or Greece — and chances are it is about to get a lot more expensive. The Iran war has just made your pantry staple a casualty of geopolitics, and most American consumers have no idea it is coming. Read my Forbes column HERE