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Olive oil theft soars as organised gangs target liquid gold

Supermarkets across Spain are reporting increasing thefts of olive oil as demand and prices for “liquid gold” have surged in the Mediterranean.

Why many supermarkets are putting olive oil bottles under lock and key

In Spain, the leading global olive oil producer, supermarkets are enhancing security measures due to soaring prices and increased thefts. Retailers are attaching security tags to one-liter bottles of extra-virgin olive oil, now priced up to 14.5 euros ($15.77), alongside spirits, cosmetics, and appliances. Olive oil prices, up 150% in two years, result from a severe drought in southern Europe. Thefts prompted measures like chaining 5-liter bottles in stores.

Why many supermarkets are putting olive oil bottles under lock and key, ET Retail

In Spain, the leading global olive oil producer, supermarkets are enhancing security measures due to soaring prices and increased thefts. Retailers are attaching security tags to one-liter bottles of extra-virgin olive oil, now priced up to 14.5 euros ($15.77), alongside spirits, cosmetics, and appliances. Olive oil prices, up 150% in two years, result from a severe drought in southern Europe. Thefts prompted measures like chaining 5-liter bottles in stores.

International Olive Council organises Introductory Workshop in the sensory evaluation of olive oil in Sydney

International Olive Council organises Introductory Workshop in the sensory evaluation of olive oil in Sydney
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