Luojiashan tanker sits anchored in Muscat, as Iran vows to close the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 7, 2026. Commerce Minister Suphajee Suthamphan said five cargo ships carrying fertiliser and related raw materials bound for Thailand are unable to pass through the strait due to the Middle East war. The disruption has forced authorities to consider tweaking fertiliser formulations to rely more on domestically available inputs. While fertiliser reserves were previously expected to last until August, the unexpected blockage has raised fresh concerns as both shipments in transit and new cargo awaiting loading have been halted. As fertiliser is controlled, Ms Suphajee said any price rise must receive legal approval, with authorities ensuring cost calculations are fair.

Source: Bangkok Post March 28, 2026 23:03 UTC