Sulphur & Fertilizers7 May 202618 min
The Hormuz Crisis and Global Sulphur Supply in 2026: What European Buyers Need to Know
A comprehensive analysis of the Strait of Hormuz closure (ongoing since Q1 2026) and its cascading impact on global sulphur supply, fertilizer production, and phosphate availability — with sourcing alternatives and practical guidance for European industrial buyers.
- ◆The Strait of Hormuz Disruption (ongoing since Q1 2026) affected approximately 4 million MT/year of sulphur exports from Iran, Qatar, and UAE combined, and remained in effect as of June 2026.
- ◆OCP Morocco — the world's largest phosphate producer — was already running at 65–70% capacity due to sulphur shortages before the Hormuz crisis.
- ◆The combined supply gap is estimated at 8–12 million MT of phosphate fertilizer-equivalent by analyst consensus (IFA, CRU, S&P Global).