Fertilizer Crisis Threatens Billions of Meals Amidst Iran War Fallout
The ongoing conflict has significantly impacted global food security, with approximately one-third of the world’s fertilizers usually transiting the Strait of Hormuz now facing disruption. This has led to an 80% surge in fertilizer prices, a situation that, if prolonged, could ignite a bidding war for food between developed and developing nations. Such a scenario would disproportionately affect vulnerable populations in poorer countries, potentially pushing an additional 45 million people into acute hunger by 2026, with Asia and the Pacific experiencing the largest relative increase in food insecurity.
John Q. Hosedrinker