Strait of Hormuz Closure Disrupts Middle East Fertilizer Exports

Com. Fertilizer producers have lowered output in response, and prices for these inputs have risen. Saudi Arabia's supply has fallen by half since the Iran war began. SABIC and Ma'aden have rerouted some cargoes through Red Sea ports that avoid the strait.

East producers have been unable to ship sulfur and phosphates at all. The resulting shortfall has left global fertilizer markets with reduced volumes of key crop nutrients. OCP Group, the world's largest phosphate exporter, has warned of supply constraints.

com reported that analysts told the Financial Times that farmers in developing economies may see lower yields this year. The article states that these conditions threaten food security in countries already facing shortages.