Iran conflict propels global pistachio prices to eight-year high

The war in Iran has sent pistachio prices soaring to an eight-year high just as global demand surges for pistachio-based treats like Dubai chocolate.

As conflict has disrupted shipping routes and trade, exporting the crop from Iran – one of the world’s largest producers – has become increasingly difficult, tightening an already strained market.

Even before the conflict, global pistachio supply was under strain due to weaker 2025 harvests in the U.S., and Turkey, with drought hitting Iran particularly hard, The Financial Times reports.

Sanctions, domestic unrest and communications shutdowns further have disrupted Iran’s exports, making it harder to coordinate sales and slowing trade.