Global fertilizer market on edge as Strait of Hormuz closes

[nitpicked]

7. Don't forget about the urea

https://www.forbes.com/sites/rrapier/2026/03/01/beyond-oil-the-strait-of-hormuz-and-the-global-food-risk/

(snip)
Globally, about 180 million metric tons of nitrogen fertilizers are consumed each year (measured in nutrient terms). Of that, roughly 55 to 60 million metric tons of urea move through international seaborne trade annually. The Middle East accounts for approximately 40% to 50% of that traded volume.

And nearly all of those exports must transit the Strait of Hormuz.

In other words, close to one-quarter of globally traded nitrogen fertilizer—and a meaningful share of total global nitrogen production—moves through that single maritime chokepoint that is now threatened by war.

Oil may be the artery of the global economy. Nitrogen fertilizer is central to the global food chain.
(snip)