Russia Terminates the Black Sea Grain Deal (My Thoughts from the Last Year) || Peter Zeihan

Note: To give you a refresher on the Black Sea Grain Deal and some context on how we got here, the video below contains my thoughts from August 2022 and March and June of 2023.

Russia announced on Monday that the Black Sea grain deal will not be extended. This initiative has enabled Ukraine to export agricultural products through Russia’s blockade of the Black Sea; however, Ukrainian exports are only at a fraction of pre-war levels.

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