A single geographic chokepoint controls the nutrients needed to feed billions
Global food security hinges on the Strait of Hormuz, a narrow waterway that facilitates the transit of one-third of the world's fertilizer supply and dictates the cost of modern agriculture.
The Strait of Hormuz acts as a critical bottleneck for the nutrients required to feed 8 billion people. Roughly 33 percent of the global fertilizer supply passes through this single geographic chokepoint, meaning any regional instability can trigger immediate international price spikes. These costs force farmers from Australia to Brazil to scale back operations.
There's more to this story — open the app to keep reading.