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Beyond Oil: The Strait Of Hormuz And The Global Food Risk

The article in Forbes notes that restrictions on shipping through the Strait of Hormuz could affect not only oil flows but also global supplies of nitrogen fertilizers, which are critical for food production.
Beyond Oil: The Strait Of Hormuz And The Global Food Risk
In the wake of U.S. and Israeli strikes on Iranian military infrastructure, the financial press has reflexively focused on oil. Tanker traffic, Brent crude, and the risk of triple-digit prices dominate the discussion. But oil is not the only commodity posing a serious long-term risk. Another deep vulnerability runs through natural gas—and from there into nitrogen fertilizer. If commercial shipping... ...

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