The Strait of Hormuz, one of the most important arteries for the export of hydrocarbons, is under growing pressure, with around one fifth of global oil and LNG trade exposed to disruption through that corridor. They shape the cost base of petrochemicals, the economics of fertilizers, the viability of energy-intensive manufacturing, the pricing of transport, the resilience of logistics chains, and the stability of food systems. Fertilizer producers in parts of Asia have reportedly halted new orders because disruptions linked to the conflict and the near paralysis of crucial shipping corridors had choked off a significant share of fertilizer flows from the Middle East, along with the oil and gas used to make it.
Author: RT
Published at: 2026-03-21 23:49:10
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