fertilizer
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🔥🔥 Big #BREAKING news😯
HORMUZ CLOSURE CRIPPLES FOOD SECURITY
#un Trade and Development warns the Strait of Hormuz disruption—traffic down 97%—is spiking energy, #fertilizer , #transport , and insurance costs, echoing Covid-19 and Ukraine war shocks.
With 20% of global oil/LNG and one-third of seaborne fertilizer (16 million tonnes in 2024) routed through the strait, food prices surge hardest on vulnerable developing nations facing debt burdens and soaring borrowing costs. Poorest countries like Sudan, Somalia, and others face acute fertilizer shortages.#MetaBuysMoltbook $BTC $ETH $BNB
HORMUZ CLOSURE CRIPPLES FOOD SECURITY
#un Trade and Development warns the Strait of Hormuz disruption—traffic down 97%—is spiking energy, #fertilizer , #transport , and insurance costs, echoing Covid-19 and Ukraine war shocks.
With 20% of global oil/LNG and one-third of seaborne fertilizer (16 million tonnes in 2024) routed through the strait, food prices surge hardest on vulnerable developing nations facing debt burdens and soaring borrowing costs. Poorest countries like Sudan, Somalia, and others face acute fertilizer shortages.#MetaBuysMoltbook $BTC $ETH $BNB
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