Prolonged Hormuz closure could hammer food costs in Thailand

Analysts warn that a closure of the Strait of Hormuz would disrupt fertilizer shipments from the Gulf, significantly increasing farming costs and food prices in Thailand. Thai farmers depend on imports for 90% of their fertilizer, making the agricultural economy highly vulnerable to geopolitical risks.
https://www.nationthailand.com/news/general/40063679

Scroll to Top