Fertiglobe switches to land cargo transport to avoid Strait of Hormuz

Inflatie

The CEO of one of the world's largest fertilizer companies is warning of significant food inflation in Asia, if the Strait of Hormuz remains blocked into the summer. The crisis has already cut 30% of global urea exports. Earlier, Roland Lim spoke with Ahmed Al-Hoshy of Fertiglobe, who said he has resorted to using trucks to move products out of the Gulf.

Tag-uri: Inflatie