<p>Ammonia is quickly moving back into focus—not just as a fertiliser feedstock, but as a key link between energy, shipping, and the transition to lower-carbon fuels.</p><p>But while the long-term story is about green ammonia, the short-term reality is being shaped by geopolitics, gas markets, and logistics disruptions.</p><p>So what’s actually driving prices today? How is the Middle East situation feeding through to physical and derivative markets? And are we starting to see ammonia evolve into a tradable market in its own right?</p><p>To unpack all of this, we are joined by Dan Hayes, Business Development Manager for Coal and Ammonia at Argus Media.</p>