The Russian government on Monday suspended a deal with Ukraine to allow the safe passage of food grains through the Black Sea, a move that is likely to threaten global food security and drive up prices.
A photo shows the filling of the hold on the UN-chartered vessel MV Valsamitis while it is loaded to ... [+]
Kremlin spokesperson Dmitry Peskov announced the suspension of the deal, saying Moscow will “promptly return to implementation of this deal,” once its side of the Black Sea grain agreement is fulfilled.
Russia has blamed Western sanctions for impeding its ability to export its own grain and fertilizer supplies, which it claims are also important for global food security.
While the West hasn’t sanctioned Russian grain and fertilizer exports, Moscow claims it is heavily impeded by sanctions on transport, shipping, finance and insurance, among other things.
This is a developing story.