Middle East War: Fertiliser shortage to raise food prices in Australia, Asia | The World | ABC News
The fuel prices we're seeing at the petrol bowser are the among the most visible economic consequences of the war in the Middle East. But beyond oil, there's another critical resource that comes from the region that is likely to hurt our hip pockets, fertiliser, in particular urea. It's the most widely used nitrogen fertiliser in the world, and much of it comes from the Middle East. Andrew Whitelaw is a commodity market analyst, and the co-founder of "Episode 3" told The World's Girish Sawlani the shortage will have significant impacts on agriculture. Subscribe: http://ab.co/1svxLVE ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation. For more from ABC NEWS, click here: https://ab.co/2kxYCZY Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2 Like ABC NEWS on Facebook: / abcnews.au Follow ABC NEWS on Instagram: / abcnews_au Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia #ABCTheWorld #ABCAsiaPacific
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