We know what’s coming and we are prepared.
That means that of the 2.1mn tonnes of urea — the world’s most widely used nitrogen fertiliser — that would normally have been loaded for export over the past two weeks, about half has been disrupted.
At the same time, more than 1.1mn tonnes of fertiliser and fertiliser inputs, including 570,000 tonnes of urea, is currently stuck in the Gulf, either being loaded or already on ships, according to Kpler data.
Nitrogen fertilisers, which underpin about half of global food production, are made from ammonia using natural gas, which has soared in price since the war began last month.
The shortages have begun during the northern hemisphere’s planting season, leading industry executives to warn of lower harvests for staples such as rice.
If the disruption continues, “this will be much worse than 2022”, said Veronica Nigh, senior economist at The Fertilizer Institute, a US-based trade group. “The longer the conflict goes on, the more dire the situation will become.”
The Middle East sits at the centre of global fertiliser and energy supply chains. About a third of global urea exports pass through the Strait of Hormuz, according to CRU. About 45 per cent of global sulphur exports — a key input for phosphate fertilisers — are also shipped through the vital waterway, which has in effect closed.
Qatar’s fertiliser company QAFCO shut its 5.6mn-tonne-a-year urea plant last week after liquefied natural gas operations at nearby sites owned by QatarEnergy halted because of the war.
India has ordered fertiliser plants to reduce gas consumption to about 70 per cent of normal levels because of shortages. Plants in Pakistan and Bangladesh have halted output. In Pakistan, one of the country’s largest fertiliser producers, Agritech Limited, had halted urea production, said people familiar with the matter.
Ukrainian forces have begun training and testing exoskeletons for battlefield use. Soldiers from the 147th Separate Artillery Brigade are using them in the Pokrovsk sector for both logistics and frontline operations. The goal is to reduce physical strain, especially when loading heavy artillery shells into howitzers without automatic loaders. Artillery crews can handle up to 1200 kg of ammunition per day, and early tests show that exoskeletons help them work faster and with less fatigue Above all, by improving the conditions for those soldiers on the front lines who handle such heavy loads, plus the stress of work. Seeking to reduce overall fatigue in the troops
🌆 Market News Digest
April 6, 2026 EST
🔥 Top Stories
• Trump warns Iran of imminent destruction of bridges & power plants by Tuesday midnight — escalating tensions with potential for severe infrastructure strikes.
• Oil prices rise as Trump deadline nears; US crude settles at $112.41/bbl — geopolitical uncertainty boosts energy markets.
• US stocks gain amid optimism over Iran ceasefire; S&P up 0.41% — markets react to diplomatic signals and oil price stability.
• IMF warns prolonged Middle East war will slow global growth & boost inflation — economic outlook darkens with conflict escalation.
• Trump claims Iran is at its weakest; threatens to decimate Iranian infrastructure — aggressive stance amid ongoing negotiations.
⛽ Oil & Energy
• US crude at $112.41/bbl, Brent at $109.77/bbl — energy markets volatile on Iran conflict fears.
• US considers charging tolls in Strait of Hormuz; free passage part of Iran deal — strategic move to control shipping lanes.
• ...
🇺🇸🇮🇷🇮🇱 - WAR IN IRAN | APRIL 5th, DAY 37 RECAP:
🇺🇸🇮🇷 - The NYT reports that during the operation in Iran, two U.S. transport aircraft intended to carry the airmen were disabled and abandoned, then blown up. Two MC-130J Combat King II rescue aircraft and four MH-6 Little Bird helicopters were deliberately destroyed by U.S. forces during the search and rescue mission in Iran, according to ABC News, citing U.S. officials.
🇮🇷🇦🇪 - Several fires have broken out at Abu Dhabi’s Borouge petrochemicals factory, with damage currently being assessed following an Iranian missile and drone attack. This comes less than 24 hours after Israel struck Iran’s largest petrochemical facility.
🇮🇷🇮🇱 - An Iranian ballistic missile impacted the Neot Hovav industrial zone near Beersheba in the first wave, the third time this industrial zone has been hit during the war.
🇺🇸🇮🇷 - "Tuesday will be Power Plant Day and Bridge Day, all wrapped up in one, in Iran. ...
F15E SHOOTDOWN AND CSAR OPERATION — FULL VERIFIED BREAKDOWN
APRIL 3 — THE SHOOTDOWN
F15E from the 494th Fighter Squadron out of RAF Lakenheath is hit over southwestern Iran.
Crash site confirmed in Kohgiluyeh and Boyer Ahmad Province near Dehdasht.
Wreckage includes ACES II ejection seat and tail section matching the squadron.
Cause
Iran claims it used a new IRGC air defense system.
Exact weapon system remains unconfirmed.
HOUR 0
Both crew eject.
Pilot activates survival radio and PRD immediately.
Contact established with U.S. aircraft overhead.
Pilot recovered within hours.
WSO lands separately in mountainous terrain.
WSO beacon briefly detected by satellites, then goes silent.
Reason unknown.
HOURS 1 TO 12
WSO begins evasion using SERE training.
Maintains intermittent encrypted communication with U.S. forces.
IRGC launches large scale search operation.
Iranian state TV urges civilians to report or capture the pilot.
Rewards up to $60,000 reported.
Public messaging includes calls to shoot on sight.
HOURS 12 TO 24
WSO moves into high ...
