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Will Iran's Strait of Hormuz Move Cause Global Food Insecurity?
Iran’s closure of the Strait of Hormuz risks disrupting a third of global urea shipments, threatening fertilizer supplies and raising food security concerns worldwide.
10 Articles
10 Articles
Will Iran's Strait of Hormuz move cause global food insecurity?
A significant share of globally traded nitrogen fertiliser must travel through the Strait of Hormuz. A closure of the strait would threaten not only oil and gas exports but also the physical flow of nitrogen-based fertilisers and what is needed to make them
Fertilizer prices are stagnant and grain sales are stagnating. In a press release published on social network X, the Rural Coordination (CR) is concerned about a future increase in fertilizers. According to RMC, "33 % of the world's fertilizers are passing through the now closed Strait of Ormuz. Hydrocarbons are heavily used for the manufacture of fertilizers: their price is expected to have a snowball effect. The price of urea (nitrogen fertili…
One third of the world's shipping traffic in fertilizers, and 80 to 100 per cent of the wheat destined for Qatar, Kuwait and Bahrain, travel through the Strait. In France, the rise in input prices as well as the increase in diesel fuel prices is a source of concern to farmers.
Nearly a third of the world's nitrogen fertilizer flows pass through the Strait of Ormuz. The blockade promises to destabilize the world's cereal production in a sustainable manner.
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