Iran War Could Create a 'Fertilizer Shock' that Impacts Agriculture and Raises Food Prices
10 Articles
10 Articles
"Fertilizer Shock": The Closure Of The Strait Of Hormuz Could Cause Widespread Global Food Shortages
If commercial traffic through the Strait of Hormuz remains paralyzed for months, we will witness a global food crisis on a scale that many experts would have once considered to be unthinkable. Over the past
Blocking Fertilisers: Hormuz Strait and Global Food Risks
The closure of virtually all commercial traffic through the Strait of Hormuz occasioned by the Iran War is not merely a matter of oil and gas, the usual prized duo that feature in the nervous chatter of global markets. There are other less conspicuous products that have also been snared in the process. Consider fertilisers, with a supply shock that may well push prices beyond the 2022 peak following the Russian invasion of Ukraine. Given their r…
Food Shock - OrissaPOST
Since the start of the US-Israeli campaign against Iran, only a handful of the 100 vessels that once transited the Strait of Hormuz each day have managed to pass through. Now, with Iran reportedly laying sea mines in the narrow waterway, the possibility of its closure lasting days – or even months – is no longer hypothetical. Shockwaves are already coursing through global energy markets, but the most immediate and dangerous consequences of a pro…
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