Topic
fertilisers
Trade Oil, LNG, Fertilisers and Diamonds at Risk from Iran's Wider Blockade Threat Beyond Strait of Hormuz
Iran's Islamic Revolutionary Guard Corps (IRGC) has warned it could expand efforts to disrupt regional trade beyond the Strait of Hormuz, threatening oil, LNG, fertilisers and diamond supply chains. The Strait carries nearly 20 million barrels per day of crude and petroleum products, and over 90% of Qatar and UAE's LNG exports. Diamonds routed through India and UAE for cutting and polishing face disruption, along with petrochemicals and food shipments.
Commodities India Plans 7.24 Lakh MT Green Ammonia Procurement to Boost Green Urea Production
The Indian government has outlined a roadmap to procure 7.24 lakh metric tonnes of green ammonia annually under the National Green Hydrogen Mission. The initiative aims to reduce dependence on imported urea and decarbonise domestic fertiliser production, supported by a differential subsidy mechanism and financial incentives from the Ministry of New and Renewable Energy.
Commodities India's 3Fs Stress: How the US-Iran War Is Straining Fuel, Fertilisers and Forex
India is under stress from the '3Fs' — fuel, fertilisers, and forex — as the US-Iran war drives up crude oil prices and disrupts supplies via the Strait of Hormuz. Finance Minister Nirmala Sitharaman urged conservation of foreign exchange. With over 85% crude import dependence and 50% of DAP and urea imports from the Middle East, the entire 2026-27 fiscal year could be affected, according to EY India's chief policy advisor.