India must redesign its structures of dependence on external sources of fertiliser, in the face of the ongoing Gulf war.
The effects of India’s dependence on external sources of fertiliser feed into food security, inflation dynamics and fiscal stability. Wikimedia Commons, Creative Commons Attribution-Share Alike 3.0, CC-BY-SA-3.0.
India must redesign its structures of dependence on external sources of fertiliser, in the face of the ongoing Gulf war.
For all the attention oil has received in this latest round of geopolitical stress, it was not the only market that moved with urgency.
As tensions between Iran and the United States intensified and risks around the Strait of Hormuz escalated, fertiliser benchmarks began adjusting with unusual speed and clarity.
