Clara Ferreira Marques, Columnist

Putin Is Playing Hunger Games in the Black Sea

The world’s most vulnerable consumers need Ukraine’s grain to get moving again. The Kremlin, however, prefers to keep the world on edge.

Ukraine grain.

Photographer: Nathan Laine/Bloomberg
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Hello, this is Clara Ferreira Marques with today’s edition of Elements, Bloomberg’s new energy and commodities newsletter. It mixes commentary from Bloomberg Opinion writers with the best of our market-leading news coverage. We hope you enjoy it. And if you haven’t yet signed up to receive this email every day, you can do that here.

The world’s most vulnerable consumers need Ukraine’s grain to get moving again, to help cool food prices. Battle-ravaged Ukraine and its farmers need the missing revenue. The Kremlin, however, prefers to keep the world on edge — and that won’t change soon.