Russia has lengthened fertiliser export quotas until December as global shortages worsen due to the Iran war

Russia extending fertilizer export quotas until December highlights the ongoing geopolitical tensions exacerbated by the Iran war, which is likely to deepen global supply shortages. This move could impact agricultural outputs and inflation, as higher fertilizer costs ripple through food prices. Traders should monitor how this development affects commodity markets, particularly in agricultural inputs and energy, given the intertwined nature of these sectors.