Reuters was first to report that Russia was withdrawing from the UN-brokered agreement for a wartime safe shipping channel for Ukraine’s grain exports. The Monday announcement pushed global wheat prices sharply higher. U.S. wheat futures also jumped 8.5% on Wednesday and European grains soared after Reuters reported, ahead of competition, that Moscow would deem all ships traveling to Ukrainian ports to be potential carriers of military cargo.
The post Black Sea grain deal: Russia refuses to renew and says no guarantees for ships now appeared first on Reuters News Agency.
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The post Black Sea grain deal: Russia refuses to renew and says no guarantees for ships now appeared first on Reuters News Agency.
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