India-bound urea shipment is scrapped over Iran origin risk
Updated
Updated · Bloomberg · May 11
India-bound urea shipment is scrapped over Iran origin risk
3 articles · Updated · Bloomberg · May 11
The cargo was aboard the bulk carrier Infinity and had been sold by Aditya Birla Global Trading (Singapore) under an April tender, according to people familiar with the matter.
Officials halted the shipment after raising concerns about links to Iran, derailing delivery of fertilizer intended for India.
The cancellation highlights supply-chain and compliance risks in commodity trade when cargo origins trigger scrutiny over sanctions-sensitive connections.
With the Strait of Hormuz closed, can the world find new sources before global food chains collapse?
A Mideast war has trapped a third of the world’s fertilizer. Which nations face famine first?