Infographic: Major fertilizer flows are vulnerable as Iran tensions simmer

Fertilizer markets face supply-side risks as the possibility of Iranian interference in the Strait of Hormuz, a key shipping route for many fertilizers and fertilizer feedstocks, persists.

While the probability of a full closure of the Strait has subsided since the June 24 ceasefire between Israel and Iran, concerns remain over more targeted interventions, such as electronic attacks impeding ship navigation.