Iranian blockade of the strategic strait of Hormuz is hitting global fertiliser supply chain
T
he global fertiliser supply chain could face significant disruption if the effective closure by Iran of the strait of Hormuz persists, prompting concerns from analysts about crop production and food security.
Passage through the waterway, located off Iran’s southern coast, has mostly stopped since the US and Israel launched their attacks at the weekend.
Between a quarter and a third of the global trade in the raw materials for fertiliser passes through the strait, as well as a fifth of seaborne crude oil and gas.
