EU suspends duties on fertilizers to ease impact of Hormuz crisis on farmers
Global fertilizer prices have jumped following the near total closure of the Strait of Hormuz
The suspension will not apply to fertilizer products imported from Russia or Belarus, the Council said
May 22, 2026 17:38
BRUSSELS: The EU will temporarily lift customs duties on key nitrogen-based fertilizers such as urea and ammonia for one year to mitigate the knock-on effects of the Iran war, the Council of the EU said on Friday.
