OCP (Morocco's state-controlled phosphate and fertiliser company, one of the world's largest) is facing significant operational disruptions linked to instability in the Strait of Hormuz, the critical Persian Gulf chokepoint through which much of global maritime trade passes. The disruptions are affecting the company's supply chains and logistics, raising concerns about its ability to maintain normal export volumes. The development matters globally because OCP controls a large share of the world's phosphate rock exports, a key ingredient in agricultural fertilisers, meaning disruptions to its operations can ripple through international food supply chains.