Fertilizer Prices Have Doubled Since the Strait Closed

The blockage of the Strait of Hormuz is causing a much larger problem than just a global energy crisis. While oil and gas are critical to energy security for nearly every country on Earth, petroleum is also at the heart of global food systems.

A crude oil shortage is also a fertilizer shortage, with potentially disastrous consequences for farmers and consumers, especially in the world’s poorest countries. As the war in Iran stretches on, half the world’s calories are at risk.