FAO Chief Economist Maximo Torero has warned that the ongoing disruption of the Strait of Hormuz is causing severe shocks to global energy, fertilizer, and food systems.

Axar.az reports, citing FAO, tanker traffic through the vital corridor has collapsed by over 90 percent, affecting roughly 35 percent of global crude flows, one-fifth of LNG, and up to 30 percent of internationally traded fertilizers.

Rising fertilizer and energy costs are already impacting farmers, with FAO projecting global fertilizer prices 15–20 percent higher in the first half of 2026 if the disruption continues. Countries most vulnerable include Sri Lanka, Bangladesh, India, Egypt, Sudan, and several in Sub-Saharan Africa.

Torero called for urgent international action, including alternative trade routes, financial support for import-dependent nations, and investment in sustainable, input-efficient agriculture.

Click to read the full article.