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Recent times have seen a noticeable change in the olive oil that Michelle Spangler purchases, blends, and infuses with flavors for her Dallas store. It's not the quality of the product that has changed but its price. Global olive oil prices have surged to record levels, more than doubling over the past year.While Ms. Spangler has a pricing agreement with her supplier to mitigate rapid cost increases, she still anticipates a 20% rise in expenses. As a result, she is planning to increase prices by 10 to 15% at her store, Infused Oils & Vinegars, early next year.

Olive oil has become so costly that it has attracted criminal gangs, even leading to some brazen thefts at farms and factories in Greece and Spain.

Prices have more than doubled as extreme weather hit crops in Spain, Italy and elsewhere. The upcoming harvest isn’t looking much better, so that drizzle of oil on your salad may remain costly.

Workers at Barboncino in Crown Heights have been serving up wood-fired pizzas and Italian-American classics for more than a decade in a brick-lined dining room off Franklin Avenue. Since May, …

Plus, Brooklyn pizzeria Barboncino votes to unionize — and more intel