World News
Get all the latest news from India's closest neighbors overseas before it gets cold.

US War on Iran Now Disrupts Global Fertilizer and Metal Supply Chains

© AP Photo / Rafiq MaqboolE. B. Manohar farmer sprays natural fertilizer on his crop at his farm in Khairevu village in Anantapur district in the southern Indian state of Andhra Pradesh, India, Wednesday, Sept. 14, 2022.
E. B. Manohar farmer sprays natural fertilizer on his crop at his farm in Khairevu village in Anantapur district in the southern Indian state of Andhra Pradesh, India, Wednesday, Sept. 14, 2022. - Sputnik India, 1920, 10.05.2026
Subscribe
The situation with Iran has led to problems with global sulfuric acid supplies, causing a sharp rise in its price, the Wall Street Journal reported.
Sulfuric acid is used to create fertilizers, as well as to leach copper and other metals. Most of the acid is supplied from oil refineries in the Persian Gulf, the newspaper noted.
As market expert Freda Gordon, head of Acuity Commodities, emphasized to the outlet, the threat to fertilizer markets prompted China, the largest acid producer, to restrict exports this month. According to the expert, this has led to higher prices and further exacerbated the sulfuric acid shortage.
Chile and Indonesia could be hit hardest by China's sulfuric acid restrictions, Sarah Marlow, a fertilizer market expert for Argus, added.
China was considering banning sulfuric acid exports from May 2026 due to supply disruptions amid the Middle East conflict, Bloomberg reported in April, citing sources.
On February 28, the US and Israel began striking targets in Iran. The escalation has virtually halted shipping through the Strait of Hormuz, a key route for oil and gas supplies, leading to higher fuel prices in much of the world. Prices for sulfuric acid, a by-product of oil refining, have also risen in the Middle East as a result of the conflict.
Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала