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Russia seeks review of Ukraine’s Black Sea grain exports deal

September 7, 2022 Comments Off

Russian President Vladimir Putin Sept. 7 called for a review of the UN-brokered deal allowing Ukraine to export agricultural commodities from its Black Sea ports, triggering a spike in the price of corn and wheat futures. Prior to Russia’s invasion, Ukraine was one of the world’s largest exporters of the two grains, and the supply-shock caused by the closure of…