Ukraine war pushes world food prices to record high

Highlights

Food and Agriculture Organization says world food prices hit an all-time high in March following Russia’s invasion of Ukraine.
The disruption in export flows resulting from the Feb, 24 invasion and international sanctions against Russia has spurred fears of a global hunger crisis.
Russia and Ukraine account for a huge share of the globe’s exports in several major commodities, including wheat, vegetable oil and corn.
Ukraine ports have been blocked by a Russian blockade and there is concern about this year’s harvest as the war rages on during the spring sowing season.
The U.S.
has accused Russian President Vladimir Putin of creating “this global food crisis” France has warned that the war has increased the risk of famine around the world.