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The Consequences of the War in Iran will Reach Far Beyond the Price of Oil
The consequences of the war in Iran will reach far beyond the price of oil…
The Persian Gulf supplies almost half of the sulphur traded by sea, a vital ingredient in the production of phosphate fertilisers. With shipping through the Strait of Hormuz severely disrupted, sulphur prices
have soared to record levels, making fertiliser increasingly expensive and, in some cases, forcing producers to reduce output.
In practical terms, farmers will either pay more to grow our food, use less fertiliser and produce smaller harvests, or abandon less profitable crops altogether. Whichever way it unfolds, the result eventually
reaches us all through higher prices and reduced food security.
This is how a distant war arrives at your supermarket shelf.
Source: https://t.me/LauraAbolichannel/87880
