Russia is pulling out of a year-old agreement that allowed Ukraine to export its grain to global markets, raising fears of rising prices and food shortages in developing nations. OZAN KOSE, AFP via Getty ImagesThe Kremlin has criticized the pact as unfair to exports of Russian food products. Why is Russia ending the Ukraine grain deal? Wheat production, demand keep growingWhere Russia, Ukraine sent wheat exports in 2020Nations in North Africa and the Middle East depend heavily on Russia and Ukraine for wheat. Those countries have also been hit by droughts and higher food prices and could experience political instability.

Source: Libya Today July 17, 2023 20:24 UTC