[Yara's Profits Rise as Fertilizer Prices Soar Due to Iran War] Fertilizer giant Yara International reported better-than-expected first-quarter earnings as the war in Iran effectively disrupted shipping across the Strait of Hormuz, damaging global trade in agricultural fertilizers and driving up prices. The Oslo-based company reported adjusted EBITDA of $896 million, a 40% increase year-over-year, exceeding analysts' expectations of $807 million. Revenue rose 17% during the same period.
