Trade
Why the 2026 Fertilizer Crisis Could Redraw the Global Agricultural Map
Executive Summary The Iran conflict has struck the global fertilizer market at the worst possible moment. The Strait of Hormuz, through which approximately 25 to 33 percent of globally traded nitrogen fertilizer moves, has been effectively closed to commercial shipping since March 2. On the same day, QatarEnergy halted all urea, ammonia, and methanol production…
