Russian fertilizer output declined last month after Ukrainian forces stepped up strikes this year on industrial facilities to curb revenue for the Kremlin.
Russia produced 2.5 million metric tons of fertilizers in April, down 2.1% from a year earlier, according to data released by the Federal Statistics Service on Wednesday. Output for the first four months slipped 0.4% to 10.3 million tons.
Ukraine has intensified attacks on Russian fertilizer plants in an effort to blunt potential economic gains from rising prices after the closure of the Strait of Hormuz during the Iran war. The waterway accounts for about a third ...
