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Fertilizer Prices Surge 30% Amid U.S.-Israeli-Iran Conflict

3/21/2026

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Summary

Story summary

The ongoing U.S.-Israeli war with Iran disrupts fertilizer supplies, with about a third of shipments passing through the Strait of Hormuz.
Fertilizer prices have risen about 30% in some regions as Gulf exports constrain supply.
India, Pakistan, and Brazil rely on Gulf exports, so they feel the impact.
The conflict also raises oil prices, straining food production and transport.
U.S. farmers report higher costs, with some citing $200,000 more.

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Story summary

The ongoing U.S.-Israeli war with Iran disrupts fertilizer supplies, with about a third of shipments passing through the Strait of Hormuz.
Fertilizer prices have risen about 30% in some regions as Gulf exports constrain supply.
India, Pakistan, and Brazil rely on Gulf exports, so they feel the impact.
The conflict also raises oil prices, straining food production and transport.
U.S. farmers report higher costs, with some citing $200,000 more.