External Affairs Minister S Jaishankar has warned of a "major food crisis" in the coming months, in addition to the already significant fertiliser shortages the world is witnessing due to the Ukraine and Iran conflicts, saying the situation is "very very stressful" for Global South economies.

"… this is a big concern for us, which is, if you look at these two conflicts, the Ukraine and now the Iran-Gulf conflict, they''ve actually had a devastating impact on Global South economies," Jaishankar said during a conversation hosted at Asia Society here on Monday.