The global economy is facing increasing threats to food security as the repercussions of the Gulf war escalate from energy markets to fertilizer markets. This situation is likely to lead to higher food prices in many countries around the world. A report by "The New York Times" unveiled a terrifying scenario where the closure of the Strait of Hormuz not only disrupts oil tanker transit but also poses a critical obstacle to the flow of fertilizers and raw materials essential for agriculture to global markets.

The Gulf region, often dubbed the 'chemical laboratory' that feeds the world, is not only known for its gas extraction but also for its conversion into nitrogen-based fertilizers such as urea and ammonia. According to data from the International Fertilizer Association, five Gulf countries—Saudi Arabia, Qatar, the UAE, Iran, and Bahrain—depend on the Strait of Hormuz for exporting significant market shares of fertilizers, including one-third of global urea supplies, a quarter of international ammonia trade, and one-fifth of phosphate fertilizer production. The disruption of this vital artery means farmers would be deprived of materials critical for producing 50% of the world's food supply.

Furthermore, QatarEnergy announced a halt in its urea production due to gas supply interruptions resulting from the ongoing conflicts. This scenario not only highlights the interconnectedness of global energy and food markets but also raises alarms over the potential for food shortages and increased prices if the situation remains unresolved. With such interdependencies, the outcome of the conflict in the Gulf could have far-reaching implications on global food availability and stability.