Ukraine grain deal collapse: What next for the Middle East? ...Kuwait

Russia's withdrawal from the grain export deal in mid-July has raised alarm over its effect on global food security, particularly in countries that are heavily reliant on Ukrainian imports. The announcement by Russia that it would not renew the agreement sent wheat prices soaring on global markets, raising concerns about the consequences on poorer, wheat-importing nations. US wheat and corn futures in Chicago had their largest gains on 19 July since the beginning of the Ukraine war. Under the deal, which was brokered by Turkey and the United Nations in July 2023, a Russian blockade of Ukraine's Black Sea ports was lifted, allowing millions of tons of grains to be expor

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