Trump says US to 'blockade' Strait of Hormuz, as Iran says it will not 'surrender' to threats
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US President Donald Trump has announced plans to blockade the Strait of Hormuz, a key waterway for global fertilizer trade. The move comes as tensions escalate between the US and Iran, with Trump also monitoring fertilizer prices amid the conflict.
The US plans to blockade the Strait of Hormuz. This strategic waterway is crucial for global fertilizer trade, with around a third of the world's fertilizers passing through it. The blockade is part of escalating tensions between the US and Iran. Fertilizer shipments through the Strait have already collapsed since the conflict began. The US is closely watching fertilizer prices to prevent price gouging.
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