The war in #Iran threatens a global food crisis due to reduced fertilizer supplies — FT. The Iranian attacks have disrupted a significant portion of urea production in the Middle East, and gas shortages have forced fertilizer producers in South A...
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...sia to reduce output. Of the 2.1 million tonnes of urea—the world's most widely used nitrogen fertilizer—approximately half of the supply has been disrupted. More than 1.1 million tonnes of fertilizer are stranded in the Persian Gulf, including about 45% of the world's exports of sulfur—a key component of phosphate fertilizers. India has ordered fertilizer plants to reduce gas consumption by approximately 70% due to the shortage. Plants in Pakistan and Bangladesh have suspended production....
... The shortage began during the northern hemisphere planting season, prompting industry officials to warn of reduced yields of staple crops such as rice. Prices for agricultural fertilizers have already risen sharply: the cost of urea has increased by more than 40% since the start of the conflict in the Middle East.