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A rapid and severe disruption in maritime flows through the Strait of Hormuz is emerging as a major shock to global agrifood systems, with tanker traffic reportedly dropping by more than 90 percent.

The outbreak of war between Iran and Israel disrupted shipments from global fertilizer production hubs, triggering sharp price spikes in Turkey. Urea fertilizer surged 38.5% monthly, leaving farmers grappling with a dual crisis of rising costs and climate shocks.