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US Treasury: Russia’s war in Ukraine impacting energy, food prices globally

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“We are not the only country experiencing inflation. You can see that in virtually every developed country worldwide,” U.S. Treasury Secretary Janet Yellen said on June 7. The UN Food and Agriculture agency earlier said that the war is pushing global food prices to a “new all-time high.”

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Russian President Vladimir Putin and U.S. President Donald Trump spoke by phone on March 9, according to Kremlin aide Yuri Ushakov. During the call, Putin reportedly presented proposals aimed at resolving the war in Iran.

The spring in Ukraine has arrived, but thick layers of ice left over from the brutally cold winter will delay the start of the sowing season by two to four weeks, burdening struggling farmers with extra work amid wartime challenges.

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