Crypto

Urea Surges 34% as Iran Conflict Ripples Through Commodities, Bitcoin

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In brief

  • The Iran conflict is impacting on a wide range of commodities including fertilizers, with a third of global seaborne trade typically passing through the shuttered Strait of Hormuz.
  • Prediction market Myriad is tracking whether urea, which makes up two-thirds of fertilizer traffic through…

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