New Delhi, March 16 -- Fertiliser production in India is beginning to feel the impact of the ongoing West Asia crisis which has disrupted key energy supply routes and affected industrial supply chains, according to a report by Morgan Stanley.
The report said disruptions around the Strait of Hormuz and constraints in crude oil and natural gas flows are affecting feedstock availability and industrial operations across sectors such as fertilisers, chemicals and petrochemicals.
Energy Supply Disruptions
Asia imports about a quarter of its energy needs in the form of crude oil, LNG, and propane. The Middle East is also a major fertiliser producer and trade hub, and Asia relies on it for ~14 per cent of its fertiliser needs, ANI quoted Mor...