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Russia axes Ukraine grain deal
Russia has notified the UN, Turkey and Ukraine that it will not renew a crucial grain deal that allowed Ukraine to export grain through the Black Sea.
The deal to allow Ukrainian grain to be safely exported seems to be at an end. Russia says it is halting its involvement in the agreement brokered by the United Nations last summer. Without a deal, global food supplies are likely to be severely disrupted - Russia and Ukraine are major players in the wheat, barley, maize, sunflower seed and sunflower oil markets.
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