印度国际经济关系研究理事会（ICRIER）：2026年确保印度在地缘政治风险上升中的肥料安全报告（英文版）

india's fertiliser sector stands at a critical juncture amid the heightened geopoliticalvulnerability. The ongoing geopolitical tensions and conflict involving the UnitedStates, Israel, and Iran have exposed the risks of India's deep dependence onimported fertilisers and critical feedstocks. With a significant share of these suppliessourced from or routed through the Gulf region, particularly via the Strait of Hormuz, anydisruption has immediate consequences for availability, prices,