# Iran sanctions could swell India's urea import bill | Economy & Policy News - Business Standard

> New US sanctions on Iran could cut Iranian urea supply, which accounted for about 4.5 mt annually on world markets. India's urea imports were 6 mt in 2017-18, with a third from Iran, and urea prices have already risen about a fifth since July 2017 to $255/tonne.

- Date: 2018-05-10 · published 2018-05-10T12:00:00.000Z
- Category: geopolitics · region India · magnitude medium
- Page: https://feedsoft.ai/events/64954-iran-sanctions-could-swell-india-s-urea-import-bill-economy-and-policy-news
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Loss of Iranian urea would tighten global nitrogen supply and push up import costs, though analysts expect near-term prices to stay soft.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-04-28 | [Russia 'still quite active' in urea exports, despite sanctions - Grain Price News](https://feedsoft.ai/events/6212-russia-still-quite-active-in-urea-exports-despite-sanctions-grain-price-news.md) | -19.6% | -19.2% |
| UREA | 2024-03-25 | [US-Iran war exposes Australia’s urea import reliance \| Latest Market News](https://feedsoft.ai/events/31527-us-iran-war-exposes-australia-s-urea-import-reliance-latest-market-news.md) | -12.7% | -19.2% |
| UREA | 2024-03-25 | [Nola urea prices surge on US-Iran conflict \| Latest Market News](https://feedsoft.ai/events/31521-nola-urea-prices-surge-on-us-iran-conflict-latest-market-news.md) | -12.7% | -19.2% |
| UREA | 2026-01-29 | [TFI economist says geopolitics could drive new fertilizer innovation amid supply chain disruptions - Brownfield Ag News](https://feedsoft.ai/events/21380-tfi-economist-says-geopolitics-could-drive-new-fertilizer-innovation-amid.md) | +10.7% | +12.6% |
| UREA | 2025-06-23 | [Urea Prices Spike as Middle East Conflict Cuts Iranian Production \| CZ app](https://feedsoft.ai/events/24541-urea-prices-spike-as-middle-east-conflict-cuts-iranian-production-cz-app.md) | +1.4% | +12.4% |

## Sources

- business-standard.com: https://www.business-standard.com/article/economy-policy/iran-sanctions-could-swell-india-s-urea-import-bill-118051100019_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.