U.S. Food Prices Unlikely to Spike Despite Hormuz Closure Hitting Fertilizer and Gas Flows

3 articles · Updated · NPR · Jul 3

U.S. grocery prices are unlikely to see major increases even as fertilizer costs rise after the Strait of Hormuz closure.
The disruption hit shipments of fertilizer and natural gas, a key input for fertilizer production, pushing up costs across the supply chain.
That cost pressure is not expected to translate into a broad food-price spike for American shoppers, limiting the immediate consumer impact of the closure.

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