Europe’s olive oil supply running out after drought – and the odd hailstorm

Olive groves in Chiclana de Segura, near Jaén, the cradle of Spain’s olive production, where the harvest is down 70-80%. Photograph: Jon Nazca/Reuters

Europe has almost run out of local olive oil supplies and is set for more shortages, after extreme weather damaged harvests for a second year.

The world’s largest producer has said it is having to import supplies from South America to keep up with demand.