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Russia and Ukraine’s Black Sea grain exports grind to a virtual halt
KYIV/MOSCOW: Attacks on shipping have shut down more than 97 percent of Russia and Ukraine’s grain export capacity in the Azov and Black Sea basin, cutting off a major source of low-cost supplies and helping to drive up global prices. The two major grain exporters have intensified attacks on ports and shipping over the past month, leaving importers in the Middle East, Africa and Asia facing the prospect of sourcing grain from higher-cost suppliers such as Australia and the United States.
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businessday.co.za
Strikes on Russia, Ukraine’s shipping threaten global grain shortage
Middle East, Africa and Asia importers face sourcing grain from higher-cost suppliers
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arabnews.com
Russia and Ukraine’s Black Sea grain exports grind to a virtual halt
KYIV/MOSCOW: Attacks on shipping have shut down more than 97 percent of Russia and Ukraine’s grain export capacity in the Azov and Black Sea basin, cutting off a major source of…
