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Gulf states are major fertilizer producers and the war with Iran has triggered a 25% price hike, just as struggling U.S. farmers are planting corn.
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Asia stocks slide as US and Iran threaten to intensify war BBCLive updates: Iran's military says Strait of Hormuz will be ‘completely closed' if US bombs power plants CNNIran War Live Updates: Watching Trump's Monday Deadline for Iran WSJIran War Live Updates: Tehran Vows to Destroy Key Infrastructure After Trump's Power Plant Threat The New York TimesIran threatens to retaliate against Gulf energy and water after Trump ultimatum Reuters
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Asian stock markets plunge amid Trump's ultimatum on Iran Al JazeeraSouth Korea's Kospi and Japan's Nikkei tumble more than 5% as Trump-Iran threats escalate CNBCAsia shares slide, yields climb as Gulf war rages ReutersAsian stocks tumble as Gulf war rages
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