Framing Analysis
Attacks on shipping have halted more than 97 percent of Russia and Ukraine’s grain export capacity in the Azov and Black Sea basin, eliminating all shipments from Ukrainian Black Sea terminals and leaving only a small Russian facility operational. Monthly exports averaging 7.2 million metric tonnes last season have ceased, coinciding with global wheat prices rising 6.5 percent this month and 30 percent year-over-year. Civilian shipping in the region has virtually stopped.