Black Sea Attacks Cut Ukraine Wheat Exports to Indonesia, Bangladesh

Attacks on ships in the Black Sea have forced Ukraine to reduce wheat exports to Indonesia and Bangladesh, two of its largest buyers. The disruption threatens food supplies in both countries, which rely heavily on Ukrainian grain. Shipping companies are avoiding the region after a series of strikes on vessels and port facilities. Insurers have raised premiums, making exports more expensive and risky. As a result, shipments to Asia have slowed sharply. Ukraine is a major global wheat supplier. Reduced exports could push up prices and worsen food security in import-dependent nations.