Recent tensions in the Middle East have brought back the danger they are predicting to critical fertilizer supplies from the war.

Almost half of the global urea supplies, a nitrogen -based fertilizer used by farmers to cultivate cereals and other basic crops, come from the Middle East, according to a report released this week by Rabobank’s senior analyst Samuel.

The latest escalation of violence between Israel and Iran had caused fears of the possible closure of the straits of the Ormuz, a critical channel of exporting products.

Although this risk has now been removed, “we could not take for granted how focused some of these production and supply chains are,” Taylor notes in an interview. “We seem to receive such kinds is reminiscent of an annual basis,” he adds.

Following the last major geopolitical shock to the honor and availability of the fertilizers caused by the start of the Russian war in Ukraine in 2022, followed the shock of the rapid rise of the inflation of food and the pressures received by the farmers.

Fertilizer markets have also suffered extreme fluctuations due to shocks in supply chains from the coronary pandemic and the increase in European gas prices, a main source for most nitrogen fertilizers.

Brazil and India, major agricultural producers both, are largely dependent on world fertilizer supplies. Brazil, which has two corn crops annually, introduces more than 90% of the urea fertilizer it needs.

But tensions in the Middle East have raised urea prices this week in the country, according to Bloomberg Intelligence analysts, which has a direct impact on farmers.