Conservative News Daily

Russia withdraws safety assurance for grain vessels, causing wheat prices to surge.

In their eagerness to escalate ⁣warfare, world leaders ⁤never learn ⁤from history. Nor do they care⁣ for the millions‍ of ‍people who suffer from ​their ignorant ⁣bellicosity.

According to‍ the ‌Russian news⁢ agency TASS, ⁢Russia has​ withdrawn from the ‍Black Sea Initiative, a year-old ​agreement that guaranteed the safety ⁣of Ukrainian grain ‌ships ‌on​ the ⁤Black ​Sea.

On Monday, the Wall Street Journal‌ reported ⁤that Russian spokesman⁣ Dmitry Peskov said Russia would ⁤re-enter​ the ⁣agreement if the country’s demands ⁤were‌ met, specifically that “the West facilitate its own ⁢exports of food and fertilizers.”

Long regarded ‍as the‌ breadbasket ‌of Europe, Ukraine⁢ ranks ‌among the ‍global leaders in the production and export of⁤ major ⁢agricultural‌ commodities.

In fact, according⁢ to ​the U.S. Department of Agriculture, ⁤in 2021 Ukraine alone accounted for 9 ⁤percent ⁢of global⁢ wheat exports, ‌12 percent of ⁣global corn⁣ exports, and 46 percent of ‌global‍ sunflower oil exports — all of which exceeded ⁤$5 billion in ⁢annual value.

Top consumers⁣ of Ukrainian agricultural exports⁤ included the European Union,⁢ China, India,⁢ Egypt, Indonesia and‍ Turkey.

Any⁣ disruption to ​Ukrainian exports, therefore, threatens⁢ millions⁣ of ‌people worldwide ‌with higher prices, diminished standards of living and even starvation.

Turkish⁤ President‌ Recep Tayyip Erdogan helped ‌negotiate the ‍Black Sea‍ Initiative in July​ 2022, Reuters reported.

Should ⁢the United States continue to involve itself in the Ukraine conflict?

  • Yes
  • No

While many were hopeful Russia would extend ‌the⁢ deal, ​Russian President Vladimir ​Putin has taken a hard ‍line⁤ in ⁤response⁢ to Monday’s⁢ attack on a ⁣bridge⁢ linking Russia‌ with Crimea, the Journal⁣ reported.

According ⁤to The Guardian, Putin ⁤called the attack‌ a “terrorist act.”

Other Russian ⁤officials amplified ‌Putin’s⁤ rhetoric.

“Today’s ⁣attack on the Crimean bridge⁢ was⁢ carried⁢ out by the Kyiv⁣ regime. This regime is terrorist ⁢and has ⁣all ​the hallmarks ​of ⁣an international ​organised crime group,” Russian foreign minister spokeswoman Maria Zakharova‍ said.

Whether⁤ or not the ​Crimean bridge attack sealed Putin’s commitment⁤ to‍ withdraw‍ from‌ the Black Sea ‍Initiative, the historical lessons here‍ are‍ impossible ⁣to ignore.

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