India is set to import a record 2.5 million metric tons of urea in a single tender, government sources say according to Reuters, at nearly double the price paid two months ago, as the Iran conflict disrupts global supplies.

The record purchases, covering about a quarter of India’s annual imports, are set to tighten global supply and push prices higher, which have already surged due to the war in the Middle East.

Indian Potash Ltd (IPL) has agreed to buy 1.5m tons of urea at $935 per ton for delivery on the west coast, and an additional 1m tons at $959 per ton for delivery on the east coast, the sources said, declining to be named as they were not authorised to speak to the media.

India, the world’s biggest urea importer, issued the tender earlier this month to secure 2.5m tons of the fertiliser, or nearly a quarter of its annual imports of about 10m tons in 2025.