Climate change’s latest victim: the olive oil you cook with

Olive oil lovers might have to start pouring less of the golden fruity liquid into the pan. A prolonged dry spell in Spain, the world’s biggest olive oil producer, has parched olive groves and scorched blooms, slashing this season’s harvest.

The effects of the drought are reverberating around the world, which gets half of its olive oil from the Mediterranean country. This week, global oil prices hit their highest level in 26 years, $5,989.7 per metric ton, according to data from the International Monetary Fund.