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Global Food Security at Risk as Gulf Fertiliser Crisis Looms

Economist Steve Keen has sounded the alarm over a potential catastrophe for global food supplies, citing the critical role that Gulf-produced fertilisers play in maintaining crop yields. The absence of these essential nutrients, Keen emphasizes, would have a direct and devastating impact on agricultural productivity.

With the Gulf region accounting for nearly a third of the world’s seaborne fertiliser trade, disruptions to these shipments pose a significant threat to global food security. According to a UNCTAD report, the Gulf region exports approximately 16 million tonnes of fertiliser by sea annually, with a substantial portion passing through the Strait of Hormuz, which Iran has recently secured control of.

Keen’s projections indicate that delayed fertiliser deliveries could lead to a staggering 30 percent decline in food output, underscoring the urgent need for a resolution to the crisis.

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