Global Grain Prices Surge Following Russia’s Attack on Ukraine’s Danube Port 🚢

The recent attack by Russia on Ukraine's Danube Port has led to a sharp rise in global grain prices, impacting markets worldwide. Learn more about the implications of this escalation.

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Global Grain Prices Increase , After Russia Targets Ukraine’s Danube Port.
Russia attacked Ukraine's Danube Port
on Aug. 2, Reuters reports.
The strike has caused worldwide
food prices to soar even higher as Ukraine
is prevented from exporting grain.
The port was the main alternative to the country's Black Sea ports, which were blockaded by Russia in mid-July.
The port was the main alternative to the country's Black Sea ports, which were blockaded by Russia in mid-July.
After the attack, dozens of international ships that were set to load up with grain were forced to stop and drop anchor.
Yuriy Lytvyn, the seaport authority head, said that repairs were already underway and infrastructure was still operating.
No casualties were reported.
Ukrainian President Volodymyr Zelensky issued a statement via Telegram.
Russian terrorists again attacked ports, grain and global food security. The world must respond, Volodymyr Zelensky, Ukrainian President, via Telegram.
When civilian ports are targeted,
when terrorists deliberately destroy even elevators, this is a threat to everyone on all continents, Volodymyr Zelensky, Ukrainian President, via Telegram.
Russia can and must be stopped, Volodymyr Zelensky, Ukrainian President, via Telegram.
Russia's attack comes after it ended its grain export deal last month which allowed food to be shipped from Ukraine amid the war

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523

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Duration
1:30

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Published
Aug 2, 2023

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