U.N. Secretary-General António Guterres announced an extension of a four-month-old deal to ensure the safe delivery of export of grain, foodstuffs and fertilizers from Ukraine through the Black Sea just days before it was set to expire.
Guterres says the United Nations is also “fully committed” to removing obstacles that have impeded the export of food and fertilizer from Russia, which is one of two agreements struck between the two countries and Turkey in July.
The deals signed in Istanbul are aimed to help bring down prices of food and fertilizer and avoid a global food crisis.
Wheat futures
W00,
fell 3% in electronic trade.
Russian airstrikes inflicted more damage on Ukraine on Thursday, with the latest barrage smashing into energy infrastructure, apartment buildings and an industrial site.
At least four people were killed and 11 others wounded in drone and missile strikes around the country, authorities said.
— MarketWatch contributed to this report
