EconomyGlobal food prices hit highest level since 2022 amid Black Sea strikes, UN says

The FAO said global food prices reached a four-year high in August 2026, with Russia’s attacks on Black Sea shipping routes and Ukrainian ports disrupting grain exports. Wheat, corn, barley and rice prices rose worldwide, while weather concerns and the closure of the Strait of Hormuz also contributed.

global food pricesBlack Sea exportsUkraineRussia

TThe Kyiv Independent★★★★☆2026-09-05 03:56Original