
Much of the global worry over the closed Strait of Hormuz has focused on crude oil and natural gas, yet the waterway is also a channel for other key Gulf-produced commodities like fertilizer and helium. About a third of the world’s helium and half of its urea, a vital nitrogen-based fertilizer, passes through the strait.
“Up to 15% of goods passing through the Strait of Hormuz are non-energy materials,” Sugoutam Ghosh, a supply chain management expert from the Singapore University of Social Sciences (SUSS), tells Fortune. “These include critical commodities serving as inputs for multiple industries—and any shortage would have cascading impacts on global agriculture and manufacturing.”