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عكس السير
Black Sea escalation pushes wheat prices to highest levels in two months
Wheat futures jumped around 5% during Wednesday's trading, approaching their highest levels in two months, due to rising fears of a disruption in global grain supplies resulting from ongoing clashes between Russia and Ukraine in the Black Sea. The Black Sea is one of the most important grain export corridors, and Russia is the largest wheat exporter, which threatens the continuation of export operations and directly impacts global food prices.
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