Strait of Hormuz crisis poses fresh threat to global food, energy

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  Good morning from the Financial Times.

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  Today is Monday, March 23rd, and this is your FT News Briefing.

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  The Strait of Hormuz is still closed, which is raising fresh alarm over global food and energy supplies.

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  That will be a focus for the world's energy executives gathered in Texas this week.

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  Plus, Cuba suffers its second nationwide blackout in less than a week.

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  So what we're seeing is Cuba, which operates as a one-party state led by the Communist Party since the 60s.

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  This is one of the most kind of existential crises it's faced.

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  I'm Victoria Craig, and here's the news you need to start your day.

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  We're about halfway through a 48-hour deadline set late Saturday by U.S. President Donald Trump for Iran

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  to reopen the Strait of Hormuz.

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  He's threatened to strike the nation's power plants if shipping does not resume in that time.

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  As the clock ticks down, the United Nations World Food Program says 70,000 tons of food aid are stranded at sea.

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