France's Economy, Finances and Industry Minister Roland Lescure delivers a speech during the 14th UFE (French Union of Electricity) conference in Paris on June 23, 2026. (Photo by Mehdi FEDOUACH / AFP via Getty Images)

A photo taken on June 22, 2026 shows a tractor loading muriate of potash fertiliser into a hopper at a fertiliser depot in the small rural town of Buffalo, some 163kms south-west of Melbourne. Importing 90 percent of fertilisers, Australia is facing a severe shortage due to the closure of the Strait of Hormuz. (Photo by William WEST / AFP via Getty Images)

A photo taken on June 22, 2026 shows a tractor with a spreader being loaded before spreading fertiliser on paddocks on a dairy farm near the small rural town of Yanakie, some 190kms south-west of Melbourne. Importing 90 percent of fertilisers, Australia is facing a severe shortage due to the closure of the Strait of Hormuz. (Photo by William WEST / AFP via Getty Images)

A photo taken on June 22, 2026 shows a tractor loading single super phosphate into a hopper at a fertiliser depot in the small rural town of Buffalo, some 163kms south-west of Melbourne. Importing 90 percent of fertilisers, Australia is facing a severe shortage due to the closure of the Strait of Hormuz. (Photo by William WEST / AFP via Getty Images)

A photo taken on June 22, 2026 shows Muriate of Potash fertiliser in a hopper at a fertiliser depot in the small rural town of Buffalo, some 163kms south-west of Melbourne. Importing 90 percent of fertilisers, Australia is facing a severe shortage due to the closure of the Strait of Hormuz. (Photo by William WEST / AFP via Getty Images)

A photo taken on June 22, 2026 shows a tractor loading single super phosphate into a hopper at a fertiliser depot in the small rural town of Buffalo, some 163kms south-west of Melbourne. Importing 90 percent of fertilisers, Australia is facing a severe shortage due to the closure of the Strait of Hormuz. (Photo by William WEST / AFP via Getty Images)

A photo taken on June 22, 2026 shows fertiliser on a conveyor belt at a fertiliser depot in the small rural town of Buffalo, some 163kms south-west of Melbourne. Importing 90 percent of fertilisers, Australia is facing a severe shortage due to the closure of the Strait of Hormuz. (Photo by William WEST / AFP via Getty Images)

A photo taken on June 22, 2026 shows a farmer loading fertiliser into a spreader at a fertiliser depot in the small rural town of Buffalo, some 163kms south-west of Melbourne. Importing 90 percent of fertilisers, Australia is facing a severe shortage due to the closure of the Strait of Hormuz. (Photo by William WEST / AFP via Getty Images)