Millions will go hungry if the Strait of Hormuz stays closed
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The closure of the Strait of Hormuz has led to a surge in commodity prices, affecting farmers and food production worldwide. If the blockade continues, an additional 45 million lives will be at risk due to food shortages.
The Strait of Hormuz closure has pushed up oil, natural gas, and fertiliser prices. Farmers are reducing planting and fertilising due to high diesel and fertiliser costs. The World Food Programme estimates 45 million more lives will be at risk if the blockage continues. Fertiliser prices have risen 65% for urea and 40% for ammonia since the war started. The global fertiliser trade is severely impacted, with 30% passing through Hormuz. Farmers in the northern hemisphere and parts of Africa are in the midst of planting season, making the timing critical.
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