The Other Ormuz Crisis: Brussels Proposes an EU Plan to Guarantee Fertilizers
9 Articles
9 Articles
The blockade of the Strait of Ormuz hinders the delivery of some of the nitrogen fertilizers, essential to wheat and maize yields. On Tuesday 19 May, the European Commission is drawing up an action plan to reduce its dependence on imports. Too late to defuse a chain crisis?
Raw materials for artificial fertilizer come via the Strait of Hormuz – and have therefore become significantly more expensive. Brussels is introducing a plan to help European farmers obtain fertilizer more easily.
With the war in the Middle East, the prices of fertilizers have also risen sharply, which could also increase food prices.
The Commission proposes to increase the EU's agricultural emergency fund and proposes the possibility of making use of new powers to make joint purchasesThe Middle East crisis comes to light. Literally. Because every day, passing through a gas station, drivers can experience on their own skin the impact on the price of fuel. So will travelers using the aircraft, although airlines are redoubled efforts to explain that there is no danger of supply…
Faced with rising prices of 70% due to the war in Iran, European Commissioner for Agriculture Christophe Hansen promises financial aid to farmers and accelerates diversification.
IN 30 SECONDS What happened? The European Commission proposes a long-term plan to replace nitrogenous fertilizers with animal manure in the face of the closure of the Strait of Hormuz by the US and Israel war against Iran. Who is behind it? Brussels, with the support of the main agricultural producer states, while the conflict in the Middle East strangles gas and ammonia supply routes. What impact does it have? Rising costs for farmers, rising p…
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