Dire fertiliser shortage a lurking threat due to Hormuz crisis

© IMF/Stephen Jaffe The UN is warning of surging food and fuel prices driven by the escalation of the conflict in the Middle East.This article is published in association with United Nations. Since the start of the Middle East conflict with Israeli and US strikes on Iran on 28 February, concerns have been growing over rising oil and commodity prices. At the centre of it lies the Strait of Hormuz – one of the world’s most critical maritime chokepoints […]
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