Global Urea Crisis Worsens Due to Middle East Conflict and Logistical Blockade
The closure of the Strait of Hormuz halts urea exports, reduces global supply, and raises concerns about agricultural costs and inflationary pressure. More than 55% to 60% of urea production in the Middle East has been affected since the end of February 2016, when the conflict with Iran led to the operational closure of the […]
