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Reuters
Reuters
Politics
By Nidal al-Mughrabi and Ahmed Rasheed

Soaring food prices put damper on Eid al-Adha in Mideast

Baghdad Gaza Gaza Strip Iraq Muslim
A worker looks on as he prepares sacrificial animals ahead of Eid al-Adha in Mecca, Saudi Arabia, July 6, 2022. REUTERS/Mohammed Salem

The Eid al-Adha festival should be the busiest time of the year for Mahmoud Abu Holy, a livestock merchant in the Gaza Strip. But soaring prices have driven away many of the people who would usually buy a sheep or goat to sacrifice on the Muslim holiday.

Just a few days before Eid al-Adha begins on Saturday, Abu Holy says he cannot afford to cut prices because of the sky-rocketing cost of animal feed - a side effect of the Ukraine war which has jolted global agricultural markets.

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