Extended Iran conflict could throttle global food supplies, warns fertiliser giant

1 min read
Source: The Guardian
Extended Iran conflict could throttle global food supplies, warns fertiliser giant
Photo: The Guardian
TL;DR Summary

Yara International CEO Svein Tore Holsether warns that an extended Iran conflict could disrupt Gulf fertiliser supplies and spike gas costs, pushing up fertiliser prices and potentially cutting some crops’ yields by up to 50%, threatening global food security and hitting poorer countries hardest as Europe may outbid them in a global market.

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