Headline RoundupJuly 17th, 2023

Russia Suspends Key Black Sea Grain Deal With Ukraine

Summary from the AllSides News Team

Russia said Monday it had suspended a deal that allowed Ukraine to export grains to global markets, hours before the agreement was set to expire.

The Details: The Black Sea Grain Initiative was originally struck in July 2022, and has been extended several times in short increments. It protected ships from being attacked when entering and leaving Ukrainian ports, and a separate provision facilitated shipments of Russian exports. Russia said it was terminating the deal until its goals of exporting food and fertilizer are met. Russia also denied a connection between the decision to suspend the deal and an explosion on a Crimean bridge Monday, which Russian officials deemed a "terrorist attack." Washington Post (Lean Left bias) reported that Ukraine attacked the bridge, citing an anonymous Ukrainian official.

Why it Matters: Ukraine and Russia combine to produce roughly 14% of the world's wheat annually, and are also major exporters of barley and sunflower oil. Global food prices spiked at the start of Russia's invasion and have since fallen, but remain far above pre-pandemic levels.

How the Media Covered it: Some reports from left to right connected the explosion and Russia' termination of the grain deal, while others didn't. Left- and center-rated sources covered the deal's end and the bridge explosion prominently Monday. Many framed the expired deal as a blow to global food security. Right-rated sources covered both events less. A headline from ZeroHedge (Lean Right bias) called the explosion the "Crimea Bridge Terrorist Attack."

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