About a third of all fertilizer shipped globally goes through the Strait of Hormuz, the narrow passage between the Persian Gulf and the Gulf of Oman.

President Donald Trump threatened to destroy Iranian power plants Strait of Hormuz is not opened, as Tehran fired missiles with a range of more than 2,000 miles, the average U.S. gas price hit $3.93, ...

The CEO of QatarEnergy, the state-owned operator of Ras Laffan, reported that the strike had caused “extensive damage” and that the destroyed units would take three to five years to repair.