After attacks by Ukrainian maritime drones on Russian ships in the Black Sea, it became more difficult for Russia to export grain by sea . This may cause an increase in world prices for wheat.
According to Reuters , the cost of transporting Russian wheat has already begun to rise.
In recent days, the cost of insuring ships heading to Russian Black Sea ports, through which 70% of grain is exported from the Russian Federation, has increased.
Also, the risks in the Black Sea increase the cost of freight for Moscow and push it to cooperate with less reliable shipping operators.
Even prior to the current events, ship operators were charging $10,000 more per day for Russian cargo than for cargo departing from the nearby ports of Bulgaria and Romania.
“The situation raises doubts about whether Russia will be able to maintain a record pace of exports, and if it is not resolved, this could lead to an increase in world wheat prices,” the material says.
Earlier we wrote that South Africa is persistently trying to convince Russia to return to the grain deal .
The Kremlin also reported that African countries had held talks with Putin on the resumption of the grain deal .
The war in Ukraine has been going on for 532 days. We follow the latest news and key events on August 9, 2023 online .
Earlier we summed up the results of the previous day. In the Zaporozhye direction, Russian troops launched a counterattack near Rabotino in order to restore the lost position. In the Kherson region, Ukrainian special forces crossed the Dnieper and landed on the left bank, west of the village of Kazachy Camps, according to BILD military observer Yulian Repke.
Source : CTPAHA.UA
