fuelling

Russia’s invasion of Ukraine in late February dramatically worsened the outlook for already inflated global food prices. The halt in Ukrainian exports following the outbreak of the conflict pushed the Food and Agriculture Organization’s (FAO) food price index, which tracks international prices of the most globally traded food commodities, to its highest point in March since records began in 1990. Russia’s invasion of Ukraine, a move Russia calls a “special operation” to demilitarise its neighbour, is the latest development in […]