Sulphuric Acid Ban And Dollar Crisis: What Comes Next

Sulphuric acid may be an obscure commodity, but its sudden disappearance from global markets matters. Felix Nikolas Prehn explains how Russia's export ban, following China's earlier cut, removes the two largest suppliers of a chemical essential to fertiliser production. The remaining supply depends on Middle Eastern sulphur shipped through the Strait of Hormuz, the same chokepoint carrying a fifth of the world's oil. With crude above one hundred dollars a barrel and Chevron's chief executive ...