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International Business Times
International Business Times
Business
Merin Thomas

Iran's Strait Of Hormuz Blockade Could Spark a Global Fertilizer Shortage

Iran's blockade of shipping routes through the Strait of Hormuz has disrupted global fertiliser supplies, raising alarms over a potential surge in food prices worldwide. The chokepoint, a critical artery for the movement of urea, ammonia and other agricultural inputs, has left vessels stranded and farmers facing rising costs.

British outlet The Guardian reported that the closure is affecting nearly a third of seaborne fertilizer trade, compounding pressures from ongoing geopolitical tensions in the Middle East.

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