
How a fertilizer shortage caused by the Iran war could affect U.S. food prices
Source: NPR
Author: Joe Hernandez
The closure of the Strait of Hormuz disrupted shipments of fertilizer and natural gas, a key component in fertilizer manufacturing. It's unlikely to cause major price hikes for U.S. grocery shoppers.
When the war with Iran started, one of the top economic concerns globally was the slowdown of oil shipments. But there was another critical export that got stuck in the region when hostilities began:… [+6993 chars]
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