Black Sea Impasse Adds to Global Economic Damage

The impasse in the Black Sea following a summer escalation in Russia’s war with Ukraine is compounding the economic damage from the conflict in the Middle East by threatening to drive inflation even higher. Connecting Europe and Asia, the Black Sea is a critical conduit for global crop shipments to some of the world’s most populous nations. Bloomberg's Pyotr Kozlov reports. (Source: Bloomberg)

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