Middle Eastern Countries on Brink of Wheat Crisis

The destroyed silo sits in rubble and debris after an explosion at the seaport of Beirut, Lebanon, on August 5, 2020. (AP)

Since the eruption of the Russian-Ukrainian tensions, fears have emerged that the global wheat and grain markets will be severely affected, given that the two countries secure an important part of global exports.

Russia and Ukraine account for 29% of world wheat exports, 19% of corn exports, and 80% of global exports of sunflower oil.