Fertilizer chaos hits global prices as Hormuz tensions and Iran conflict disrupt urea supply; farm policy neglected the risk. Urea: key nitrogen fix for crops.
As of April 2026, Iran's blockade of the Strait of Hormuz has severely disrupted global fertilizer shipments, causing nitrogen fertilizer prices to nearly double. This has hit US and global farmers during critical spring planting, raising production costs and threatening crop yields for staples like corn, wheat, and rice. The shortage risks global food security and will likely push consumer food prices higher worldwide.
Global fertiliser trade remains under pressure as the Strait of Hormuz disruption continues to affect urea, ammonia and sulphur shipments. With several regions facing rising costs and tighter supplies, farmers face higher input prices and potential yield impacts in the coming seasons.