SAWT BEIRUT INTERNATIONAL

| 8 August 2022, Monday |

Russian gas cut to Europe hits economic hopes after Ukraine grain deal

Russia will reduce gas supplies to Europe further, a setback to nations that have backed Kyiv, just as there was hope on Monday that Ukraine’s halted grain shipments might resume this week.

Despite a weekend air attack, the first ships from Ukraine’s Black Sea ports might set sail within days under a Friday agreement, the UN said. Although distrust and possible risk existed, this would help alleviate an international food crisis.

Russia will cut gas supplies to Europe even more, a blow for countries that have supported Kyiv, just as there was hope on Monday that Ukraine’s stalled food imports might resume this week.

Despite a weekend air bombardment, the UN said the first ships from Ukraine’s Black Sea ports might set sail within days under a Friday deal. Although there was some skepticism and danger involved, this would assist ease an international food shortage.

    Source:
  • Reuters