EU to Discuss Situation with Fertilizer Supplies from Belarus and Russia

The escalating tensions in the Middle East and restrictions on shipping through the Strait of Hormuz have already triggered a nearly 40% increase in carbamide prices in the region.

On March 19, Brussels will discuss the situation with fertilizer supplies from Belarus and Russia, as well as a review of tariffs on them. The issue is on the agenda of the EU leaders' summit.

So far, only Hungary has requested a temporary tariff waiver from Brussels, warning the EC of the risk of a food crisis.