Sulfur, nitrogen markets under pressure as Middle East war persists: analysts

The ongoing conflict in the Middle East has impacted fertilizer markets east of Suez, with potential for significant long-term effects should hostilities persist, panelists said during the S&P Global Energy webinar on March 19. The region accounts for nearly 50% of global seaborne sulfur trade, including shipments through the Strait of Hormuz and from Oman. Additionally, approximately 24% ofThe ongoing conflict in the Middle East has impacted fertilizer markets east of Suez, with potential for significant long-term effects should hostilities persist, panelists said during the S&P Global Energy webinar on March 19. The region accounts for nearly 50% of global seaborne sulfur trade, including shipments through the Strait of Hormuz and from Oman. Additionally, approximately 24% ofRead More