"Russian Attack on Ukrainian Port Causes Surge in Global Grain Prices"

Russia launched an attack on Ukraine's main inland port, Izmail, across the Danube River from Romania, destroying buildings and halting ships preparing to load Ukrainian grain. The attack is part of Russia's efforts to prevent Ukraine from exporting grain and has led to a surge in global food prices. The port, located near NATO-member Romania, is the main alternative route for Ukraine's grain exports since Russia's blockade halted traffic at Ukraine's Black Sea ports. The attacks have prompted concerns about global grain supplies, with Chicago wheat prices rising by nearly 5%. Russia has been targeting Ukrainian agricultural and port infrastructure for over two weeks, retaliating against Ukraine's strike on a bridge to Crimea.