Is olive oil becoming a luxury?
Enjoy your beloved olive oil while you can. "Erratic weather" across the Mediterranean has ravaged the region's olive crops, The Washington Post reports, causing the price of extra-virgin olive oil to jump 30 percent in Italy, 10 percent in Spain, and 17 percent in Greece. Overall global production is set to drop some 8 percent this season, experts say.
Bloomberg explains the heat waves and other abnormal weather patterns causing the slump:
The strong dollar has so far mostly insulated American consumers against the price rise.
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Kelly Gonsalves is a sex and culture writer exploring love, lust, identity, and feminism. Her work has appeared at Bustle, Cosmopolitan, Marie Claire, and more, and she previously worked as an associate editor for The Week. She's obsessed with badass ladies doing badass things, wellness movements, and very bad rom-coms.
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