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Russia returns to Ukraine grain deal, easing food crisis fears

Russia announces its return to the Ukraine grain deal after intense diplomatic traffic between Ankara and Moscow, mitigating concerns over a food crisis until the deal expires late November.
The Malta-flagged bulk carrier Zante en-route to Belgium transits the Bosporus carrying 47,270 metric tons of rapeseed from Ukraine.

Russia has announced its return to the grain deal, saying “written guarantees” provided by the Ukrainian side for its participation in the deal were “adequate,” mitigating fears over a fresh jump in food prices globally.

“The Russian Federation believes that the guarantees received at this time are adequate and resumes implementation of the agreement,” the Russian Defense Ministry said Wednesday in a statement.

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