Fertiglobe CEO on Hormuz disruption, fertilizer crisis and global food security - CNBC
Disruption to the Strait of Hormuz is raising concerns about global fertilizer supplies and the potential impact on food prices. Fertiglobe CEO Ahmed El-Hoshy says around 30% of global urea exports pass through the strategic waterway, highlighting its importance to the global food supply chain.
Fertiglobe, the Middle East and North Africa's largest nitrogen fertilizer producer by capacity, has explored alternative land routes and adjusted its shipping operations to keep supplies moving. But rising costs could make fertilizer less affordable for farmers, potentially affecting crop yields and adding pressure to food prices.
El-Hoshy joins CNBC's Dan Murphy to discuss the company's response to the crisis, the economics of fertilizer production and its ambitions in lower-carbon ammonia.
Watch the full interview on "Managing Middle East with Dan Murphy" in the video above.

