CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID BIN MUBARAK AL-SHAFI

Business / World Business

Ukraine conflict could hit food supplies, worsening Yemen hunger crisis

Published: 02 Mar 2022 - 03:56 pm | Last Updated: 02 Mar 2022 - 04:03 pm
Peninsula

Reuters

SANAA: Potential disruption to global wheat supplies after Russia's invasion of Ukraine is raising concerns that war-torn Yemen's hunger crisis and food price inflation could deepen, with some Yemenis rushing to buy flour.

The World Food Program (WFP) this week said the Ukraine crisis is likely to further increase fuel and food prices, especially grains, in import-dependent Yemen where food costs have more than doubled in many areas in the past year.

Russia and Ukraine account for about 29% of global wheat exports and interruption to that flow is pushing up global prices.