Hormuz disruption sends shock through oil and food supply chains

AI Summary

The ongoing conflict in Iran is worsening global supply chain disruptions, particularly in oil and food production. The shipping disruptions in the Strait of Hormuz are causing significant shortages of oil, fertilizer, and sulfuric acid, affecting markets worldwide.

Ten weeks into the Iran war, global shortages of oil, fertilizer and sulfuric acid are intensifying as shipping disruptions in the Strait of ...