EnergyCriticalReportedAccelerating
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Hormuz closure sends fertilizer, grain prices soaring
Anadolu Agency EN·IR · AE · SA·1 day ago
ICC Secretary General warns that fertiliser shortages caused by Strait of Hormuz disruptions could trigger a food crisis in Southeast Asia, urging Singapore as next ASEAN chair to prioritize the issue. The warning highlights a secondary but potentially severe economic impact of the Hormuz gridlock, which is typically framed as an energy concern. The extent of the crisis depends on the duration of the bottleneck and regional policy responses.
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