The MOEX and RTS indices both increased by 0.6%, reaching 2,293.56 and 865.46 points, respectively.
Hormuz situation could drive grain prices up by as much as 80% — ICC
Summary
According to ICC Secretary General John Denton, countries such as the Philippines, which import up to 90% of the fertilizers they need, are the most vulnerable under the current circumstances
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Sources
- TASS (Russia)(Russian State)
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