Even if RLNG-based plants were to shut down, existing urea stocks, along with ongoing local production, are likely sufficient for the upcoming Kharif season.
It is likely that around half a million people may not go abroad this year and another half a million may return home, impacting around $1-4bn in remittances.
The conflict is now spilling outward due to Iran’s sustained resilience, the coordinated actions of its regional proxies, and growing domestic unrest in Bahrain.
A swift end to the war that favours the US might bolster Rubio. A prolonged conflict could give Vance space to argue he reflected the anti-war instincts of Trump’s base.
Islamabad hosts quadrilateral moot on ongoing Middle East conflict; Dar says he and his counterparts from Turkiye, Egypt and Saudi Arabia discussed possible ways for “early and permanent end to war".
International Transport Workers’ Federation (ITF) says it received over 1,000 emails and messages from seafarers stuck around Strait of Hormuz and wider region.
Saudi Arabia, Turkiye, Egypt foreign ministers arrive for quadrilateral huddle; PM speaks to Pezeshkian for over an hour to push for peace, condemns strikes on Iran.
Over the past 24 hours, US and Israeli operations have focused on degrading Iran’s war-sustaining capacity through coordinated strikes on its three largest steel production facilities.