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Russian Odesa missile strike tests Ukraine grain export deal

Bloomberg7/24/2022 09:18 PM GMT+08  • 4 min read
Russian Odesa missile strike tests Ukraine grain export deal
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Russia attacked Odesa’s sea port with cruise missiles hours after signing a deal to unblock Ukrainian grain exports from three Black Sea ports, including Odesa, that was hailed as a vital step toward alleviating a global food crisis.

Ukrainian officials indicated they’re still moving ahead with the landmark agreement reached Friday to release millions of tons of grain that have been piling up since the invasion, even as the attacks appeared to violate Russia’s commitments as part of the deal.

The loss of exports from one of the biggest wheat, corn and vegetable-oil suppliers has rippled across the world, driving prices to records and leading to warnings of an unprecedented global food crisis.

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