In March’s Almond Byte, we break down fast-moving geopolitical and policy developments that could ripple into almond trade flows. We start with the Israel-Iran conflict and disruption in the Strait of Hormuz, a critical shipping corridor linking Gulf ports to global markets. We also share a quick roundup of the latest tariff and trade updates, including emerging reciprocal trade frameworks, USMCA joint review preparations, and the Administration’s 2026 trade policy agenda. Finally, we touch on USDA’s reorganization timeline and preview ABC’s April delegation trip to Washington, D.C.