Paragraph 1
The war in Iran has
increased fertilizer prices because it has disrupted
through the strategic Strait of Hormuz. Iran's near
of the Strait is in retaliation for attacks by the U.S. and Israel. The Persian Gulf region is a
supplier of fertilizer ingredients. Qatar, Saudi Arabia, Iran, and Oman are among the world's top
. The ongoing
have resulted in around 30 to 40 per cent of the world's fertilizer trade being
disrupted. Farmers worldwide are having to pay up to 35 per cent more for fertilizer. Experts predict
will be planting fewer crops like corn, rice, and
, which will lead to lower
and higher food prices.