Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Aug 07, 2023

Wheat Gains More Than 3% After Drone Attacks In Black Sea

Ukraine attacked another Russian vessel over the weekend, putting at risk exports from the Black Sea.

Wheat climbed more than 3% after Ukraine attacked another Russian vessel over the weekend, putting at risk exports from the Black Sea.

Futures in Chicago advanced as much as 3.4% in early Asian trading before paring some of the gain. Rising hostilities could threaten Russia's commodity flows via the Black Sea, a route that accounts for most of the nation's grain and 15% to 20% of the oil the OPEC+ producer sells daily on global markets.

More stories like this are available on bloomberg.com

©2023 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source