#inflationUnmoderated tag#inflationHotkirax in # blog • 3 days ago • 1 min readFood is set to become even more expensive:Food is set to become even more expensive: World fertilizer prices have surged +44% since the start of the Iran War, to the highest since 2022. This comes as ~33% of globally traded fertilizers pass through the Strait of Hormuz, which remains effectively closed. This includes 23% of global ammonia, 34% of urea, the world's most widely…
