Fertilizer Ships Face Long Backlog Even If Hormuz Reopens
Why does this event matter?
An interim US-Iran deal to end their months-long war and potentially fully reopen the Strait of Hormuz is unlikely to immediately ease fertilizer flows as shipowners wait for more details to assess the safety of transits.
An interim US-Iran deal to end their months-long war and potentially fully reopen the Strait of Hormuz is unlikely to immediately ease fertilizer flows as shipowners wait for more details to assess the safety of transits.