The Iran war could haunt grocery bills long after the fighting stops
Agricultura
Even if the war in Iran ended tomorrow, the damage to the global food system is already underway. The conflict has choked off key fertilizer supplies and driven up fuel costs at a critical moment in the agricultural calendar, raising the likelihood of smaller harvests for staple crops like corn, wheat, and rice. Disruptions in the Strait of Hormuz — which handles a significant share of global fertilizer trade — have already sent prices for fertilizer ingredients such as ammonia, phosphorus, and
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