Business Standard
Farmers around the world are feeling the squeeze of the Iran war. Gas prices have shot up and fertiliser supplies are waning due to Tehran's near shutdown of the Strait of Hormuz in retaliation for US and Israeli bombing. The fertiliser shortage is putting the livelihood of farmers in developing countries - already troubled by rising temperatures and erratic weather systems - further at risk, and could lead to people everywhere paying more for food. The poorest farmers in the Northern Hemisphere rely on fertiliser imports from the Gulf, and the shortage comes just as planting season begins, said Carl Skau, deputy executive director of the World Food Programme. "In the worst case, this means lower yields and crop failures next season. In the best case, higher input costs will be included in food prices next year." The war halts supplies of key nutrients ----------------------------------------------- Iran is seriously limiting shipments through the Strait of Hormuz, a narrow passa
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