US EditionWar in Iran Threatens Fresh Food-Price Shock Across Developing World
The Strait of Hormuz blockade cuts off about 50% of global nitrogen fertilizer, raising costs by nearly 70% for U.S. farmers, threatening food prices and political dynamics.
10 Articles
10 Articles
The food sector is following with great concern the evolution of the war between the United States and Israel with Iran and its impact on the price of raw materials. Contrary to what Donald Trump said at the start of the attack, the conflict does not seem to have an imminent end and the impact on the economy is already palpable.
Not Just Oil - Fertilizer Shock Could Be Coming And Raise Global Food Prices
Prophecy News Watch All told, nearly a third of the global trade for nitrogen fertilizer passes through the Strait of Hormuz, while almost half of the world’s sulfur, essential in producing phosphate fertilizers, also travels through the corridor. Reading that should chill you to the core. But that is just part of the story. The post Not Just Oil – Fertilizer Shock Could Be Coming And Raise Global Food Prices appeared first on Olive Tree Minis…
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