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Iran and Oman draft managed Strait of Hormuz protocol: fertilizer vessels face selective toll regime
Tehran’s forthcoming joint protocol with Oman would restrict Hormuz passage to “cooperating” vessels, creating a toll-like clearance regime at the chokepoint through which 30% of globally traded fertilizer normally flows.
The US accused Houthi rebels of launching an unmanned naval ‘suicide’ vessel into international shipping lanes in the Red Sea on Thursday.
Comatam loaded 100,000 tonnes of fertilizer onto a bulk carrier at Lasfar Port on Morocco’s Atlantic coast.
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It is alarming to see these developments in California. As a vineyard grower, I have faced significant challenges this year, with fertilizer costs rising sharply while market conditions have made it difficult to sell the harvest.
California peach growers forced to remove 420,000 trees after bankruptcy of Del Monte Foods canneries
