Risk of soaring food prices and global food crisis after Moscow’s decision to end export corridor following drone attack on its fleet

The United Nations, Nato, European Union and US have all urged Russia to reverse its decision to pull out of a deal that allowed Ukrainian grain exports via the Black Sea, amid fears of a global food crisis.

Moscow announced it was suspending the UN-brokered arrangement in response to a dramatic attack in the early hours of Saturday by Ukrainian airborne and underwater drones on its naval base of Sevastopol in Crimea.

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