Dollar Nears New High of the Year as Investors Rush to Safety
The dollar jumped Wednesday as higher oil prices and heightened tensions in the Middle East prompted investors to flock to safety.
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The dollar jumped Wednesday as higher oil prices and heightened tensions in the Middle East prompted investors to flock to safety.
India is engaging Ukraine and Russia to ensure safe passage of grain and energy through the Black Sea as fresh attacks on commercial vessels continued to disrupt shipping and put its seafarers at risk.
"We are today looking at a situation where some of the major grain exporters will not be able to send out their shipments, particularly out to the Black Sea," S. Jaishankar said
Bangladesh has resumed wheat purchases from its western neighbor, after Indiaโs plentiful supply encouraged it to lift an export ban at a time when Black Sea trade disruptions have sent global prices soaring.