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Beyond oil: Strait of Hormuz power struggle threatens fertilizer and ammonia trade
The trade of global fertilizer and ammonia faces intense pressure due to the effective closure of the Strait of Hormuz as diplomatic talks between the US and Iran remain uncertain. Rystad Energy’s 2025 trade mapping shows that the sale of 15% of global ammonia and 21% of urea, which is used as a high-nitrogen fertilizer, are tied to exporters poten...
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Glenn Jennings
Head of Resources, Energy and Infrastructure
ANZ
Richard Baker
Senior Energy Advisor
Shell
Ben Ward
Market Intelligence Manager
Offshore Energies UK
Nick Palmer
Business Manager
Drilling Specialties Company
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