World Faces Looming Food Crisis Due to Black Sea Export Disruptions

Escalating attacks by Russia and Ukraine on Black Sea ports and ships could cut off grain exports from two key suppliers, according to Financial Times. Russia is the world's largest grain exporter, Ukraine ranks fifth. Together, they account for about 30% of global wheat exports. Wheat prices have already risen more than 25% compared to 2025. The UN forecasts that around 50 million people could face acute food shortages due to climate factors. If Russian and Ukrainian grain does not reach the market, the situation will become critical. The Middle East and Africa will be hit hardest. Europe fears a new wave of migration. A logistical deadlock, combined with drought and fertilizer shortages, raises the risk of severe food inflation.