Global commodity prices <a href="https://www.vsemirnyjbank.org/ru/news/press-release/2026/04/28/commodity-markets-outlook-april-2026-press-release">will rise</a> this year to their highest level since 2022, the World Bank says. The World Bank commodity <a href="https://www.worldbank.org/en/research/commodity-markets/price-forecasts">price index</a> is expected to rise about 16 percent this year, the Washington-based organization said Tuesday in its Commodity Markets Outlook <a href="https://openknowledge.worldbank.org/server/api/core/bitstreams/b2dbffe7-2f9f-41c3-a6cc-4ddfa3b37c1a/content">report.</a> That would be the first annual increase since the start of the Ukraine conflict, the bank said.

Commodity prices to reach four-year high in 2026 - World Bank

The Mosaic Company

Freedom Broker has revised downward its rating on Mosaic, a mid-cap fertilizer producer, to "sell" and slashes its target price. The conflict in the Middle East has triggered a domino effect, disrupting the production of natural gas and oil, key inputs for fertilizer production, analysts write. This is driving up energy prices and could significantly hit Mosaic’s profitability.

Freedom Broker downgrades rating, TP on fertilizer producer Mosaic amid Iran conflict

TotalEnergies SE

Exxon Mobil Corporation

Chevron Corporation

Cheniere Energy, Inc.

Alcoa Corporation

CF Industries Holdings, Inc.

Nutrien Ltd.

Occidental Petroleum Corporation

In the third week of U.S. and Israeli military action against Iran, commodity markets entered a phase that CNBC <a href="https://www.cnbc.com/2026/03/01/experts-weigh-potential-scenarios-for-oil-if-strait-of-hormuz-closes.html">compares</a> to the oil crisis of the 1970s. The blockade of the Strait of Hormuz has effectively cut off Asia's and Europe's largest consumers from some of their suppliers of energy, metals and chemicals. Who loses from this and who stands to gain?

Which companies will benefit from the disruption of raw material supplies due to the Iran war 

CVR Partners, LP

Food price spikes are often the cause of political cataclysms: in 2011, they set the stage for the Arab Spring

The Strait of Hormuz and the fertilizer market: why war with Iran threatens a food crisis

How a nitrogen fertilizer shortage propelled low-profile player CF Industries Holdings to the top of the U.S. broad market

The best performing stock in the S&amp;P 500 is up 20% since the war began. It's not tied to the oil market

Barrick Mining Corporation

ASML Holding N.V.

The list includes manufacturers of basic materials, high-tech equipment and North America's largest wireless infrastructure operator

Fertilizers