Wheat jumps after drone strike on Russia's Ust-Luga port
Wheat futures rose sharply after a drone attack on Russia's Baltic port of Ust-Luga started a fire and injured three workers.
What we know
Market news accounts report that wheat futures climbed after a drone attack on Ust-Luga sparked a fire and injured three workers, raising fresh concerns about grain exports from the world's largest wheat supplier. European gas prices also rose as uncertainty over the Iran war and energy supply disruptions heightened winter fuel concerns.
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