World Food Supply Threatened Again Because of Russia!

<p>&nbsp;Russia announced the suspension of its participation in a key agreement allowing Ukrainian grain exports on Monday.</p><p><br /></p><p>This move indirectly rekindled concerns about the global food supply as many countries depend on the export.</p><p><br /></p><p>Russian authorities had previously signaled that the deal would not be extended beyond a July 17 deadline after Western sanctions on logistics had hit its exports.</p><p><br /></p><p>As a context, the agreement was negotiated by Turkiye and the United Nations (UN) in July 2022.</p><p><br /></p><p><br /></p><p>Kremlin spokesman Dmitry Peskov told reporters that Russia would not renew the agreement now, adding that it "has been terminated".</p><p><br /></p><p>The move has sparked criticism from various quarters, including Germany, which says Russia is deliberately using the agreement as a weapon in its war with Ukraine.</p><p><br /></p><p>Meanwhile, US Secretary of State Antony Blinken condemned the action as inappropriate, saying Russia deliberately used food as a weapon.</p><p><br /></p><p>Following the announcement, wheat prices surged amid fears it would affect global supply.</p>