Yara chief warns Iran conflict could put 10bn meals a week at risk as food price impact looms

Yara International CEO Sven Tore Holsether has warned that the ongoing conflict involving Iran could severely disrupt global food production by blocking fertiliser shipments, potentially removing up to 10 billion meals a week from supply and threatening food security in poorer countries. While Yara reported strong first-quarter 2026 results, management cautioned that the financial performance does not yet reflect the full impact of the conflict, which has already driven up fertiliser prices and may lead to reduced crop yields and food price inflation later in 2026 or early 2027.