# Russia gains by turning natural gas into urea

> Russia is using its natural gas to produce urea, which is exempt from European Union sanctions, and exporting it to Europe. Yara says the practice is substantial and is distorting the EU urea market. The sanctions on Russian gas have already raised energy costs for European fertilizer producers.

- Date: 2024-05-03 · published 2024-05-03T12:00:00.000Z
- Category: geopolitics · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/9422-russia-gains-by-turning-natural-gas-into-urea
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Sanction-exempt Russian urea flowing into Europe adds supply to a market already facing high gas-driven production costs, which tends to weigh on European urea prices while keeping the cost floor high.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-06-25 | [Brent oil erases wartime gains as Hormuz reopening boosts supply - The Japan Times](https://feedsoft.ai/events/18992-brent-oil-erases-wartime-gains-as-hormuz-reopening-boosts-supply-the-japan-times.md) | -8.9% | +0.5% |
| UREA | 2026-06-22 | [Urea fertilizer prices tumble as strait reopens \| The Western Producer](https://feedsoft.ai/events/19116-urea-fertilizer-prices-tumble-as-strait-reopens-the-western-producer.md) | -2.4% | -3.0% |
| UREA | 2021-05-24 | [Urea: US-Iran Sanctions - Trade flow disruption ahead?](https://feedsoft.ai/events/5696-urea-us-iran-sanctions-trade-flow-disruption-ahead.md) | +7.0% | +17.3% |
| UREA | 2023-03-09 | [The Russia-Ukraine war after a year: Impacts on fertilizer production, prices, and trade flows \| IFPRI](https://feedsoft.ai/events/36783-the-russia-ukraine-war-after-a-year-impacts-on-fertilizer-production-prices-and.md) | +2.8% | +5.7% |
| UREA | 2026-07-24 | [WTO data confirms Strait of Hormuz fertilizer trade disruption is easing as urea nears pre-war price — Fertilizer Daily](https://feedsoft.ai/events/18655-wto-data-confirms-strait-of-hormuz-fertilizer-trade-disruption-is-easing-as.md) | +1.6% | -1.2% |

## Sources

- cen.acs.org: https://cen.acs.org/business/economy/Russia-gains-turning-natural-gas/102/i14

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