Russia Extends Fertilizer Export Quotas Through December Amid Shortage

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Published: 2 hours ago

Russia has extended fertilizer export quotas until December as global shortages worsen due to Iran war and Strait of Hormuz disruptions affecting key shipping routes for agricultural nutrients. RUB could weaken on reduced export revenues while commodity-linked currencies like CAD and AUD may face pressure from higher agricultural input costs affecting economic growth prospects.

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