Iran War Disrupts Global Fertilizer Trade, Sparking Food Crisis Fears (xataka.com)
0xBASE INTEL BRIEF
- One-third of global nitrogen fertilizer maritime trade flows through Strait of Hormuz.
- OECD recorded lowest sea traffic since January 2019 in April 2026.
- Up to 45 million additional people at risk of hunger, says UNOPS.
"The Iran conflict has blocked maritime traffic through the Strait of Hormuz, a chokepoint for one-third of global nitrogen fertilizer shipments. OECD data shows April sea traffic at its lowest since January 2019. Urea prices have surged, and companies like Fertiglobe are resorting to costly trucking. Analysts warn of a severe food crisis that could push an additional 45 million people into hunger, echoing but potentially exceeding the 2022 Ukraine war shock."
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