Global fertilizer market has entered a period of heightened volatility as the Middle East conflict continues to send shockwaves through trade flows, logistics and across all major fertilizer groups. According to an analysis issued by the Independent Commodity Intelligence Services (ICIS), uncertainty over freight routes, escalating insurance costs and the near-closure of the Strait of […]
Tag: Geopolitical Tensions
World Bank: Geopolitical Tensions Affect Growth in MENA in 2019
Economic growth in the region of North Africa and the Middle East is expected to drop to 0.6 pc in 2019 against a 1.2 pc growth posted last year, says the World Bank in its latest report. The growth forecast for 2019 has been revised downwards due to intensified global economic headwinds and rising geopolitical […]

