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Iran's Hormuz Threat: Beyond Oil, a Looming Global Food Crisis
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Iran's Hormuz Threat: Beyond Oil, a Looming Global Food Crisis
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Firstpost
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09-03-2026, 20:57
Iran's Hormuz Threat: Beyond Oil, a Looming Global Food Crisis
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Iran's potential restriction of the Strait of Hormuz threatens global shipping and trade.
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Beyond oil and gas, this move risks a severe fertilizer shock, directly impacting global food security.
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The Strait is a critical chokepoint for one-third of global urea trade, essential for modern agriculture.
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Disruptions would lead to higher fertilizer prices, reduced crop yields, and millions of tonnes of lost food worldwide.
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Policymakers are urged to recognize fertilizer shocks as a major destabilizing force, comparable to oil embargoes.
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