Associate Press (AP News) quoted IFPRI’s Joseph Glauber on fertilizer trade disruptions amid Iran conflict. The story explores the global economic repercussions of the ongoing conflict involving Iran, including surging energy and fertilizer prices, rising food security risks, and increased pressure on vulnerable economies. The closure of the Strait of Hormuz — a critical passageway for global commodities — has intensified these challenges.
Glauber, interviewed for the report, noted the scale of fertilizer flows affected by the crisis. As he explains: “Up to 30% of world fertilizer exports – including urea, ammonia, phosphates, and sulfur – pass through the Strait of Hormuz.”
The article highlights that disrupted shipments have already increased costs for farmers around the world, likely contributing to higher food prices. Broader economic impacts include heightened inflation risks, strain on developing countries, and complex decisions facing central banks responding to energy-driven shocks.
A version of this article was also published by Fortune.