Shares of fertilizer stocks are trading higher Thursday amid concern that the ongoing closure of the Strait of Hormuz will limit exports from key Middle East producers Saudi Arabia and the UAE.Fertilizer Stocks Gain As Strait Of Hormuz Disruption Threatens SupplyAccording to Business Insider, conflict in the Middle East has disrupted shipping through the Strait of Hormuz, a critical route for global fertilizer trade, driving a rally in fertilizer-related stocks. The waterway is a key transit point for fertilizer products and materials such as urea, ammonia, sulfur and nitrogen used in global agriculture. Analysts ...Full story available on Benzinga.com
Fertilizer Stocks Rise As Strait Of Hormuz Shipping Disruption Threatens Global Supply
