Nations race to secure enough fertilizer and prevent food crisis
The Economic Times·2026-03-25 04:41
Fertilizers exemplify the tight link between energy and food prices, underpinning harvests worldwide. The Middle East is a vital supplier, rich in both mineral reserves and the gas needed to produce nutrients for staples like corn, wheat and rice. With the Strait of Hormuz effectively shut, shipments have ground to a halt as Iran, the US and Israel continue to exchange strikes on energy infrastructure.In turn, prices of urea — the most widely used nitrogen Top exporters China and Russia are curbing some cr ...