Nitrogen is essential for plant growth. Middle East urea, a widely used nitrogen fertilizer, has climbed over 50% in value since the start of the year, according to Josh Linville, vice president of fertilizer at financial-services company StoneX.Yet fertilizer is the “deeper story,” as around one-third of globally traded fertilizer typically moves through the Strait of Hormuz, said Jake Hanley, chief growth officer and director of investments at Teucrium.The price of oil is catching a lot of attention from ...