Russia and Ukraine Extend Grain Deal, Boosting Global Food Security
Russia has agreed to extend the Black Sea Grain Initiative, which allows Ukraine to ship grain through the Black Sea to countries in Africa, the Middle East, and parts of Asia that rely on Ukrainian wheat, barley, vegetable oil, and other affordable food products. The deal has helped lower prices of food commodities like wheat over the last year, but that relief has not reached kitchen tables. The extension is a boost to global food security after the war launched more than a year ago drove up prices.