
The interruption of oil and gas supplied through the Strait of Hormuz due to the US-Israel war with Iran has dramatically pushed up global energy prices.
Petrol has gone up already and UK domestic heating bills are almost certain to follow.
But it's not just fuel that's been impacted by the conflict. A host of other vitally important chemicals, gases and other products normally enter international supply chains via the Hormuz Strait.
BBC Verify has found that the price of a host of goods - ranging from food, to smartphones, to medicines - could be affected, as the number of ships passing through the Hormuz Strait has dropped from well over 100 a day before the war to just a handful.
Here is what could be impacted.
Fertilisers (Food)
Petrochemicals are derived from oil and gas and they are produced in great quantities for export by countries in the Gulf region.
And one of the most important is fertiliser, vital for global agricultural production.
According to the United Nations, around a third of the world's fertilisers - such as urea, potash, ammonia and phosphates - normally pass through the Hormuz Strait.
Data from the World Trade Organization shows that, since the conflict began, outbound shipments of fertiliser-related products through the waterway have collapsed.
Analysts have warned that a shortage of these ferilisers is likely to be particularly damaging to agricultural production now because March and April are the northern hemisphere's planting season and less fertiliser use now by farmers will impact yields for later in the year.
"A relatively brief closure could disrupt an entire growing season, with food security consequences that persist long after the strait reopens," according to researchers at the Kiel Institute.
-
Nearly 100 ships pass the Hormuz Strait - who is getting through?
-
How risky would it be to escort ships through the Strait of Hormuz?
-
In maps: Attacks across Iran and the Middle East enter third week
The Institute's work suggests a full closure of the Strait of Hormuz could push up global wheat prices by 4.2% and fruit and vegetable prices by 5.2%.
And it estimates that the most badly affected countries in terms of the overall increase in food prices would be Zambia (31%), Sri Lanka (15%), Taiwan (12%) and Pakistan (11%).
Russia normally supplies around a fifth of global fertiliser exports and analysts say it could potentially increase production to fill the gap.
Vladimir Putin's special envoy, Kirill Dmitriev, has said that Russia, a major producer of commodities like fertiliser, is "well positioned".
LATEST POSTS
- 1
Tatiana Schlossberg, JFK's granddaughter, dies at 35 after terminal cancer diagnosis - 2
African nations push to recognize crimes of colonialism in Algeria - 3
If someone's always late, is it time blindness, or are they just being rude? - 4
Exploring ways to reduce the impact of space junk on Earth - 5
Manual for Conservative SUVs For Seniors
Poll: By a 2-to-1 margin, Americans say Trump has done more to raise prices than lower them
Vote In favor of Your Favored Kind Of Vegetable
Satellite constellations could obscure most space telescope observations by late 2030s: 'That part of the image will be forever lost'
Astronomers detect black hole blasting winds at incredible speeds
Extraordinary Picks for Home Apparatuses: Making Life Simpler
Building a Flourishing Business: Illustrations from Business people
Kate Hudson, 46, says she doesn't need long workouts to feel good
Israel Police decry online defamation campaign against female officer in Jerusalem
Get away from the Tedious Drudgery: Go into Business Today!













