We hate to say it, but your next grocery run is about to get a little more pricey.
The price of olive oil produced in Spain is hitting an all-time high due to extreme droughts, according to CNBC. Recent data from the International Monetary Fund records olive oil prices at a whopping $5,989.80 per metric ton. It’s the highest recorded price in the past 26 years, as olive producers in Spain are struggling through an exceptionally difficult harvest.






