21 Hrs
Source:
الوكيل الإخباري
Source: الوكيل الإخباري
21 Hrsالوكيل الإخباري
Source: الوكيل الإخباري
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The United States is facing a food crisis due to a shortage of fertilizers in the global market, with China, Russia, and Iran dominating the industry. This situation could lead to significant increases in the prices of food commodities. Contributing factors include the Ukrainian conflict, China's reduction of fertilizer exports, disruptions in navigation through the Strait of Hormuz, and the American administration's encouragement to boost domestic production of fertilizers and energy—especially natural gas, which is a key raw material for nitrogen-based fertilizer manufacturing. Experts also link energy security with food security, and a potential agreement to reopen the Strait of Hormuz is expected to impact the oil, gas, and fertilizer markets, potentially leading to economic growth and lower prices.
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