India Lifts Wheat Export Ban in Boost to War Hit Global Supply
AI Summary
India has lifted its longstanding ban on wheat exports to alleviate global supply pressures caused by the Russia-Ukraine conflict. As the world's second-largest wheat producer, this move is expected to boost the war-impacted international grain market.
India, the world’s second-biggest wheat producer, has scrapped a years-long ban on exports of the grain, a move that could ease global supplies that are under strain from escalating attacks between Russia and Ukraine.
World Conflict Politics Markets Commodities India wheat exports global supply Russia-Ukraine conflict grain market food security international trade