Food crisis fears ease as fertiliser exporters fill gap left by Iran war

With concerns about a looming food crisis waning, countries outside the Gulf have stepped up to fill the supply gap left by the disruption in urea exports from Iran due to the war. As the Strait of Hormuz has become less reliable for these shipments, fertiliser exporters from other regions are now increasing their market share. This shift is crucial as urea is a key component in fertiliser production, which in turn is essential for global food production. This development helps mitigate the immediate threat of a food crisis, though long-term implications for global supply chains and geopolitical tensions remain to be seen.