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Russian grain lobby says Kyiv's attacks threaten Black Sea exports, global food security
The union said disruptions could cut Russian wheat shipments by 30% to 35% this season and push prices above $400 per ton.
- Intensifying clashes between Ukraine and Russia in the Black Sea are threatening a crucial trade artery responsible for nearly a third of the world's wheat supply.
- Shipping analyst Yoruk Isik warns cargo vessels are caught in a "deadly tit-for-tat," with Ukraine targeting Russian bulkers while Russia retaliates against civilian port infrastructure in Odesa.
- Russia's Ministry of Defence reported striking 31 ships linked to the Ukrainian military in the past week, while the Russian grain union warned supply shortfalls could impact around 15 per cent of global wheat trade.
- Trade is "close to zero" as shipowners avoid the region, grain dealer Can Atbasoglu claims, threatening wheat prices toward US$400 per tonne and risking food security in Africa and the Middle East.
- Former ambassador Mithat Rende cautions against regional escalation while Turkey leads a NATO mission to safeguard Black Sea navigation, noting the conflict arrives at the worst possible moment: harvest time.
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21 Articles
21 Articles
In the Black Sea, the battle for trade routes is escalating. The attacks are increasingly hitting civilian freighters – and endangering the world's grain trade.
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International report - Fears of wheat price surge amid Ukraine-Russia clashes in the Black Sea
Intensifying clashes between Ukraine and Russia in the Black Sea are threatening a crucial trade artery responsible for nearly a third of the world's wheat supply, stoking fears of soaring prices and shortages.
·Issy-les-Moulineaux, France
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Total News Sources21
Leaning Left1Leaning Right9Center5Last UpdatedBias Distribution60% Right
Bias Distribution
- 60% of the sources lean Right
60% Right
C 33%
R 60%
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