The World Trade Organization (WTO) has issued a warning about the impact of ongoing tensions in the Strait of Hormuz on the global fertilizer market. According to a recent analysis by the WTO Secretariat, the situation is causing significant disruptions to the trade of urea and phosphate-based fertilizers.
The Strait of Hormuz is a critical chokepoint for the transit of key raw materials used in fertilizer production, including natural gas and phosphate rock. The WTO analysis highlights that any prolonged instability could lead to supply shortages and price volatility, affecting agricultural productivity worldwide.
As of July 17, 2026, the WTO has not released specific trade volume data, but the organization emphasizes the need for diplomatic solutions to prevent further economic fallout. The analysis underscores the vulnerability of global supply chains to geopolitical tensions in strategic maritime routes.
