Danube Drought and Russian Strikes Imperil Global Grain Supplies

Black Sea grain exports are facing fresh constraints due to record-low Danube levels in Romania. This development comes as Russian strikes divert Ukrainian grain from Odesa and other ports, further straining an already fragile situation.

The Black Sea is the primary export gateway for Russia and Ukraine, accounting for over a quarter of global wheat exports. The intensified attacks on grain infrastructure and vessels in the region have renewed concerns about the reliability of shipments from one of the world's most important breadbaskets.