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Hormuz blockade sparks slow food crisis
The Verge·
The ongoing conflict in Iran and the subsequent closure of the Strait of Hormuz are significantly disrupting global agriculture. This vital waterway is a critical chokepoint for fertilizer feedstock exports, with approximately half of these essential raw materials passing through it. Consequently, farmers worldwide face immense pressure as they struggle to secure the necessary components for fertilizer production. This disruption threatens to exacerbate an already developing food crisis, impacting crop yields and global food security as the Northern Hemisphere's growing season commences.
Tags
energy
macro
Original Source
The Verge — theverge.com