Fertiliser boss says Iran war puts 10 billion meals a week at risk

Svein Tore Holsether, CEO of Yara, warned that the war in Iran could lead to a loss of 10 billion meals per week due to disruptions in fertiliser supplies. He emphasized that reduced nitrogen fertiliser use could decrease crop yields by 50% in the first season. The poorest countries will be hardest hit by a potential bidding war for food, as production costs continue to rise without corresponding increases in crop prices.