Hormuz disruption threatens fertiliser supplies and global food prices
What Happened
UN Under-Secretary-General Jorge Moreira da Silva warned that the United States and Iran need to agree within weeks on a UN-backed plan to move fertiliser through the Strait of Hormuz, or parts of Asia and Africa could face a food-security crisis as planting seasons are missed. The UN says the mechanism could start within 7-10 days of an agreement.
Key Takeaways
Before the conflict, Hormuz handled roughly one-third of globally traded urea and nearly half of seaborne sulphur, both crucial for agriculture. The UN says allowing just five fertiliser vessels a day through the strait could maintain supplies to countries in critical need.