- US military conducted drills in Caracas on May 29, while Iran simultaneously released a new map claiming control over the Strait of Hormuz.
- Conflict in the Middle East has led to the closure of the Strait of Hormuz, causing vital energy, food, and fertilizer flows to be disrupted, leading to inflationary pressures.
- Disruptions in the Strait of Hormuz are causing issues with oil, LNG, and fertilizer supply chains, impacting Africa and the global food system.
Gulf tensions and Iran-USA conflict are causing shipping disruptions and fertilizer supply issues globally.
1 report, 1 independent
Updated Jul 3
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What happened
Gulf tensions and Iran-USA conflict are causing shipping disruptions and fertilizer supply issues globally.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Geopolitical tensions and the closure of the Strait of Hormuz are causing economic strain on Algeria and Morocco.Sub-event
Kenya seeks alternative fertilizer sources from Algeria and Morocco amid Gulf tensions.1 source
Keep exploring
The entities involved
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Kenya
country in Eastern Africa
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Morocco
sovereign state in North Africa
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Algeria
country in North Africa
Related events
- Kenya consults its National Treasury regarding tax relief amid Middle East tensions affecting global oil prices.
- The article reports on the U.S. blockade against Iran, with Kenya mentioned as an entity.
- Trump suspends duties on Moroccan phosphate fertilizer to mitigate supply chain disruptions caused by Middle East conflicts.
- Hormuz disruptions are causing economic strain on Morocco, affecting its transport costs and exposing its competitive sectors to volatility from China.
- Due to geopolitical tensions involving US-Israeli strikes on Iran, the Strait of Hormuz is disrupted, leading to fuel price hikes and supply chain issues affecting Africa, including Kenya and Ethiopia.