Iran Conflict Disrupts Global Fertiliser Supply
The war in Iran has halted fertiliser exports through the Strait of Hormuz. Low grain prices leave farmers unable to afford rising costs for next year's crops.
A deepening conflict involving Iran has triggered a severe shortage in global fertilizer supplies, threatening the stability of future grain harvests. Unlike the supply shock following the 2022 invasion of Russia, the current crisis is occurring alongside significantly lower crop prices, leaving farmers with little financial cushion to absorb skyrocketing input costs.
The Middle East serves as a critical production hub, with the Strait of Hormuz acting as a primary artery for the global trade of urea, sulphur, and ammonia. Traffic through this vital waterway has reached a standstill, halting exports from major facilities in Qatar. Analysts warn that the current situation represents a more acute supply contraction than previous disruptions.
