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Peter Goodman: Diesel Crisis Threatens Farmers

Farmer planting rice seedlings in a flooded paddy, bending over with a bundle of young shoots.
Thought Leader: Peter Goodman
July 23, 2026
Written by: Peter Goodman

The ongoing conflict involving Iran is disrupting global energy supplies in ways that extend far beyond the Middle East. In a recent New York Times article, Peter Goodman highlights how diesel shortages and rising fuel prices in Bangladesh are making it harder for farmers to irrigate their fields, leading to smaller harvests, mounting debt, and growing concerns over future food production.

The story follows one rice farmer whose crop was devastated after weeks of struggling to secure enough diesel to power his irrigation pump. His experience reflects a broader challenge facing millions of farmers across Asia and Africa, where diesel remains essential for agriculture. As energy, fertilizer, and transportation costs continue to rise, the economic effects of geopolitical conflict are placing increasing pressure on rural communities and global food security.

Read Peter Goodman’s full New York Times article for the complete story.

Peter S. Goodman is a standout keynote speaker on global economics, trade policy, and financial markets, known for his ability to translate complex economic shifts into clear, compelling narratives. Goodman offers a vital perspective on the geopolitical and economic consequences of policy chaos, making him an essential voice for audiences seeking to understand the fragility of markets in an age of uncertainty. His speaking engagements are managed exclusively by WWSG. To host him for your events, contact us.

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