‼️ FERTILIZER PRICES NOW AT NEAR 4
YEAR HIGH—UP 44%. FOOD INFLATION IS COMING– 30% world’s fertilizer supply & 20% oil supply goes thru Hormuz.
– It’s planting season now: Rising fuel & fertilizer costs will reverberate through economy & be felt in grocery stores this summer. pic.twitter.com/1pYuYw1fkp
— Maine (@TheMaineWonk) March 22, 2026
When Oil Spikes, Food Prices Tend To Follow pic.twitter.com/XRdtwhba5C
— Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) March 22, 2026
No fertilizer. No crops. No food.
Farm bankruptcies are up 46% in 2025.
160,000 farms closed since 2017.
Less than half of all farmers will even turn a profit this year.
They’re not struggling. They’re being wiped out.
And the media is busy covering everything else.
The Energy Minister has revealed six oil ships bound for Australia have been turned back or deferred as our fuel crisis deepens. Tonight, farmers are worried as diesel and fertiliser stocks dry up. pic.twitter.com/W7UB5f95V4
— 7NEWS Sydney (@7NewsSydney) March 22, 2026
GasBuddy now counts six cities where average diesel prices are over $7 per gallon:
San Francisco, CA
San Rafel, CA
Napa, CA
Santa Rosa, CA
San Jose, CA
Oakland, CA— Patrick De Haan (@GasBuddyGuy) March 22, 2026
Crazy high jumps in average diesel prices from some U.S. cities- 7 have surged over $2/gal in 30 days:
Tucson +$2.21/gal
Phoenix +$2.10
Orange County, CA +$2.06
McAllen, TX +$2.01
Madera, CA +$2.00
Napa, CA +$2.00
The Villages, FL +$2.00
Prescott, AZ +$1.99
Sarasota, FL +$1.98— Patrick De Haan (@GasBuddyGuy) March 22, 2026
‼️ Wholesale Marine Fuel Costs In Maine Today:
Dyed Diesel: $5.04
(02/27/26: $3.36) (1yr ago: $2.55)89 EF Gas: $4.56
(02/27/26: $3.24) (1yr ago: $3.04) pic.twitter.com/87nimMVgUI— Maine (@TheMaineWonk) March 22, 2026
These rate cut/hike probabilities are going to shift even more if the crisis continues and we get April-July inflation data
It won't be just a headline inflation problem because of gasoline/diesel prices 😑
Gasoline/Diesel +
Airfares +
Core goods +
Food services
~ 39% of PCE https://t.co/USghrrilrZ pic.twitter.com/Ujn6v0IoDu— Sonu Varghese (@sonusvarghese) March 22, 2026
$7.79 for diesel
The golden age is coming soon pic.twitter.com/sEjA1e7QHj
— Don Johnson (@DonMiami3) March 22, 2026
Countdown Begins: Former Central Bank Advisor Warns Food-Price Shock Could Hit "Within 6 To 9 Months" https://t.co/jwTzn8Fw8g
— zerohedge (@zerohedge) March 23, 2026
Alexandra Prokopenko, a fellow at the Carnegie Russia Eurasia Center and a former advisor at the Bank of Russia, warned on X that the near-shutdown of the Strait of Hormuz has triggered an energy shock that risks morphing into a “slower, more consequential story”: fertilizers.
“A near-shutdown of the Strait of Hormuz is triggering a supply shock that will show up in food prices 6–9 months from now,” Prokopenko wrote on X, adding, “Putin’s gains here may be more long-term than simply lining his pockets with petrodollars.”