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Turkey and UN Broker New Talks on Russia-Ukraine Black Sea Truce

Source: Bloomberg

Geopolitics & WarTrade Policy & Supply ChainCommodities & Raw MaterialsInflation

Turkey and the UN have initiated new talks involving Russia and Ukraine on a Black Sea ceasefire intended to safeguard grain shipments. The negotiations come as global food prices rise, making a potential reopening or protection of export routes materially relevant to agricultural commodity supply and food inflation, though the outcome remains uncertain.

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