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Iran Conflict Shuts Hormuz, Halts 60% Urea Output

4/28/2026

43 5 Full Breakdown

Center

Iran Conflict Halts

The Iran conflict has closed the Strait of Hormuz, stranding 44 fertilizer-laden vessels in the Persian Gulf.
Up to 60% of Gulf urea production has been halted since the conflict began, according to CRU Group.
Urea prices jumped, leading India to place an import tender at nearly double the price.
The United Nations warned fertilizer shortages may raise food insecurity in developing nations, East Africa.

Left

UK Cuts Aid

The United Kingdom announced it will cut overseas development assistance to 0.24 percent of gross national income, lowest level since 1970.
The World Food Programme reports shipping costs have risen to 20 percent as the Strait of Hormuz and Bab-el-Mandeb are disrupted.
Analysts say reduced fertilizer use could lower soybean yields in Brazil.
The WFP warned 45 million could become food-insecure if continues past June and oil exceeds $100.

History

Historical Context

In October 1973 OAPEC, led by Saudi Arabia, embargoed the United States and other Israel supporters, pushing crude from $3 to $12 a barrel—a 300 percent jump. The shock triggered a global recession and lasting energy-security measures. Today Iran’s closure of the Strait of Hormuz repeats the supply squeeze, endangering fertilizer imports and food security for millions.

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Iran Conflict Halts

The Iran conflict has closed the Strait of Hormuz, stranding 44 fertilizer-laden vessels in the Persian Gulf.
Up to 60% of Gulf urea production has been halted since the conflict began, according to CRU Group.
Urea prices jumped, leading India to place an import tender at nearly double the price.
The United Nations warned fertilizer shortages may raise food insecurity in developing nations, East Africa.

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