Wheat futures surged after Russia exited the UN-backed Black Sea Grain Initiative to allow grain exports from Ukraine's Black Sea ports, Bloomberg reports. If price rises continue, the recent setback in supply caused by Russia pulling out of the deal could add to global food inflation and worsen hunger, Bloomberg wrote.
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Ukraine war latest: Drones attack Russia's Black Sea Fleet; Russian pipelines explode in country's Far East, HUR says
Pipelines supplying Russian military explode in Russia's Far East, HUR source says
Deputy commander of Russian Navy killed in Ukrainian strike in Kursk, Russian official confirms
Ukrainian drone strike on Russian airfield hits bomb depot, aircraft
Drones reportedly attack Russia's Black Sea fleet
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Thursday, July 17
The news was also announced by Vladimir Medinsky, head of the Russian delegation in Istanbul, who further claimed that Ukraine handed over 19 bodies of Russian soldiers as part of the exchange.
The shooting occurred at a training ground operated by the Ukrainian Ground Forces. The motive for the attack remains unknown, and the cadet was detained under Ukraine's Criminal Procedure Code, police said in a statement.
The agreement, described by Bloomberg as part of a broader reset in ties, reflects growing concerns across Europe over Russian military aggression and doubts about U.S. commitment to NATO under President Donald Trump.
Svyrydenko, a 39-year-old economist who previously served as the first deputy prime minister and economy minister, was tapped by President Volodymyr Zelensky to replace Denys Shmyhal after his five years in office.
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Ukraine's Air Force reported on July 17 that Russia launched 64 drones overnight, mostly Shahed-type drones. Air defenses shot down 36 of them.
Keith Kellogg has "been in the ascendancy lately" and is helping drive a shift in Trump's approach, alongside U.S. Secretary of State Marco Rubio, the Telegraph reported, citing sources.
"I cannot confirm that anything is currently on the way. That is not known to me," a spokesperson for the German Defense Ministry said, according to Swiss public broadcaster SRF.
The number includes 1,190 casualties that Russian forces suffered over the past day.
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Russian media and officials reported approaching Ukrainian drones across multiple regions overnight on July 17, as Ukraine's military launched a wider drone attack on the western regions of Russia, including Moscow.
EU anti-crime agencies Europol and Eurojust announced on July 16 they had led the dismantling of a pro-Russian cybercrime network responsible for cyberattacks on critical infrastructure in Europe.
Russian first-person-view (FPV) drones initially struck a cargo truck, causing a fire and injuring two civilians. Soon after, as emergency workers were working on site, another Russian drone targeted the scene, injuring three emergency workers, the State Emergency Service said.
Thursday, July 17
U.S. President Donald Trump’s proposed weapons deal for Ukraine caught NATO allies off guard, with European diplomats saying they weren’t consulted ahead of the announcement, Reuters reported on July 16.
Russian forces dropped a 500-kilogram (1,100-pound) aerial bomb on a shopping center in Donetsk Oblast, killing at least two people and injuring 27 others, regional officials reported July 16.
Moscow needs to urgently raise more money as shrinking oil and gas revenues and a worsening economic outlook continue to strain the federal budget, a senior Russian lawmaker warned on July 16.
