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Iran Conflict Drives Fertilizer Prices Up, Threatens Food Supply

4/2/2026

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Iran Conflict Disrupts Markets

The ongoing Iran conflict has disrupted global food and fuel markets, driving fertilizer prices higher and pushing farmers to switch crops.
The closure of the Strait of Hormuz has worsened supply, affecting 15% of U.S. fertilizer imports and causing a backlog of vessels.
U.S. gasoline prices have surpassed $4 per gallon, prompting government action to ease supply constraints.
Analysts warn that if the conflict continues, food prices could rise 20–30%.

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FDF Predicts Price Surge

The Food and Drink Federation (FDF) projects UK food prices will rise 9-10% in 2026 due to the Iran war, up from 3.2%.
The forecast cites unprecedented challenges from rising energy costs and supply chain disruptions.
In March 2026, petrol rose 20p per litre and diesel rose 40p per litre, marking the largest monthly increases on record and affecting households and businesses.

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Iran Conflict Disrupts Markets

The ongoing Iran conflict has disrupted global food and fuel markets, driving fertilizer prices higher and pushing farmers to switch crops.
The closure of the Strait of Hormuz has worsened supply, affecting 15% of U.S. fertilizer imports and causing a backlog of vessels.
U.S. gasoline prices have surpassed $4 per gallon, prompting government action to ease supply constraints.
Analysts warn that if the conflict continues, food prices could rise 20–30%.

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