Not Just Oil: 3 Fertilizer Stocks Boosted by Hormuz Closure

Phosphate and Potash - Phosphate-based fertilizers require sulfur, another crucial input shipped through the Persian Gulf, whose prices have skyrocketed since the war began. Potash supplies have also been dwindling, with inventories down sharply year over year. The phosphorus shortage has caused the Trump administration to invoke the Defense Production Act to increase domestic supplies of the chemical, which is also used in military applications.Nitrogen Fertilizers - Urea and ammonia are the two nitrogen-b ...