Commodities and Futures News

Exclusive-Russian grain exports to Syria suspended due to uncertainty about the future, sources say

1 week ago

Less than a minute

2024.12.13 08:26

MOSCOW/DUBAI (Reuters) – Russian wheat supplies to Syria have been suspended over uncertainty about the new government and payment delays, Russian and Syrian sources said on Friday.

© Reuters. FILE PHOTO: A drone view shows a combine loading wheat into a truck during harvesting in a field of a local agricultural enterprise in the Cherlaksky district of the Omsk region, Russia, October 4, 2024. REUTERS/Alexey Malgavko/File Photo

Shipping data showed two vessels carrying Russia wheat intended for Syria had not reached their destinations.

Russia, the world’s largest wheat exporter, was a key supporter of Bashar al-Assad and supplied wheat to Syria through complex financial and logistical arrangements, circumventing Western sanctions imposed on both Syria and Russia.

1 week ago

Less than a minute

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