1115 ET - Demand for Nutrien's fertilizers are likely to increase due to the war in Iran, which is disrupting shipping routes and limiting exports from major producers. Nutrien climbs 6.6%, in step with other global fertilizer providers. The company produces potash, nitrogen and phosphate fertilizers. Since a large portion of fertilizers come through the Strait of Hormuz, the company is particularly leveraged to rising nitrogen and potash prices where any prolonged disruption could further strengthen its pricing power heading into the spring application season. While higher energy costs remain a risk, the supply shock could put more demand pressure on producers outside the conflict zone. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
March 12, 2026 11:15 ET (15:15 GMT)
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