Hormuz disruption raises risk of global food shock, traders warn
World ‘on borrowed time’ to avert crisis as higher gas prices squeeze fertiliser production
World ‘on borrowed time’ to avert crisis as higher gas prices squeeze fertiliser production

Prices have jumped and exports been hit as war puts pressure on one of the world’s largest producers

Growing number of fertiliser plants forced to shut, threatening rice and other harvests

Disruption to commodities far beyond oil and gas will have a long-lasting impact

Shortage spurs surge in prices and threatens sectors from fertiliser to microchips as impact of war in Iran widens

The longer the Strait of Hormuz blockade continues, the more likely a crisis-like adjustment in rich economies becomes

Disruption to tanker traffic at the Strait of Hormuz would pose a much bigger risk to oil supply