The Iran war caused fertilizer prices to soar, leading to an increase in Yaran Company's profits.

Due to the Iran war effectively blocking the transportation in the Strait of Hormuz, damaging global trade of agricultural fertilizers and raising prices, fertilizer giant Yara International announced higher-than-expected first-quarter earnings. The company, headquartered in Oslo, Norway, reported adjusted EBITDA of $896 million, a 40% increase from the same period last year, higher than analysts' expectations of $807 million. Revenue also increased by 17% during the same period.