War disrupts fertiliser supply, risking 10 billion meals weekly
pre-market1 source ↓written by the desknot a recommendation
- potentially jeopardizing
- 10 billion meals weekly
The ongoing conflict in Iran is disrupting fertiliser supplies, potentially jeopardizing 10 billion meals weekly. Svein Tore Holsether, CEO of Yara, highlighted that half a million tons of nitrogen fertiliser are currently not produced, leading to reduced crop yields and increased food prices, particularly affecting poorer nations. 🌍
This situation may trigger a bidding war for food, impacting global markets and food security.
Not investment advice. For informational purposes only.