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Fertiliser costs are soaring amid war in the Middle East. Will your grocery bill follow?

  • Written by David Ubilava, Associate Professor of Economics, University of Sydney
Fertiliser costs are soaring amid war in the Middle East. Will your grocery bill follow?Alfio Manciagli/Getty

Conflict between the United States, Israel and Iran has now led to the effective closure of the Strait of Hormuz, a key shipping route through which a fifth of the world’s oil passes.

But oil is not the only important commodity that has been disrupted. The Middle East is a key supplier of fertiliser, exporting some 45%...

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