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War Reaches the Price of Bread! Attacks on Russian Ports Shake the World Wheat Market
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Russian grain exports via the Black Sea are facing major new disruptions after KSK, the third of the three major grain terminals in the port of Novorossiysk, suspended its operations following a drone attack. Economist Iurie Rija points out that Russia's problem is no longer just about the volume of available grain or export prices, but increasingly about the capacity of the port infrastructure to transform these stocks into cargo that can actua…
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