From Oil to Fertilizer to Food: The Inflation Chain Nobody Sees
The Strait of Hormuz carries one-third of global seaborne fertilizer trade, and its closure has pushed Urea prices up roughly 50% since late February 2026.
https://www.ebc.com/forex/from-oil-to-fertilizer-to-food-the-inflation-chain-nobody-sees
Posted by tcodo
4 Comments
At a time when the economy is already treading on thin ice, this has to happen. The problem is markets and people in general still aren’t aware of how bad the situation is until it hits them hard. It will be abrupt and painful
everyone’s busy watching oil ticks like it’s the only thing that matters.. meanwhile the actual squeeze is building quietly in the background
In a society addicted to oil, it is not hard to see that anything even remotely related to oil will soon become more expensive, given our society’s enormous dependence on this energy source
Every military in the world knew that attacking Iran head on would cause an economic catastrophe. Its ability to shut down the Strait of Hormuz and directly attack the critical infrastructure of Gulf states made that an unwinnable option.
And then an orange clown on a tiny tricycle thought he knew better…