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- On Monday, Russia pulled out of an agreement that allowed Ukraine to export grain.
- It then started bombing Ukrainian ports and threatened to attack ships.
- Putin's latest economic assault on the West has sent wheat prices soaring and sparked fears of a global food crisis.
Vladimir Putin's latest attack on the world economy has reignited fears that Russia's ongoing assault on Ukraine will trigger a global food crisis.
On Monday, Russia pulled out of the Black Sea Grain Initiative, a United Nations-brokered deal that had allowed Ukraine to export grains and oilseeds through a safe shipping corridor.