Poor countries face food, energy, finance crises due to Ukraine war, UN chief says


FILE PHOTO: United Nations Secretary-General Antonio Guterres speaks to the media regarding Russia's invasion of Ukraine, at the United Nations Headquarters in New York City, U.S., March 14, 2022. REUTERS/Andrew Kelly/File Photo

UNITED NATIONS (Reuters) - Poor countries face economic ruin from simultaneous crises of food, energy and finance due to supply disruptions caused by Russia's invasion of Ukraine, U.N. Secretary-General Antonio Guterres said on Wednesday.

Russia is the world's top exporter of combined oil and gas, and Russia and Ukraine are both major producers of grain, together accounting for around a third of global exports. World commodity prices have hit records, hurting countries that rely on imports.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

UK gov't considers removing Andrew from royal line of succession: media
Flash: Trump says he will sign order imposing 10 pct global tariff
Rijpma-de Jong wins women's 1,500m gold at Milan-Cortina Winter Games
Flash: Trump threatens alternatives to tariffs after Supreme Court ruling
Feature: Two titles, one family in Olympic aerials
Feature: Maier turns Beijing tears to golden joy at 2026 Winter Olympics
De Beers reports challenging trading conditions for rough diamonds in 2025
Heavy snow causes multiple accidents, flight disruptions in Bavaria, Germany
Zimbabwe no longer keen on raw mineral exports, says president
IOC President Coventry defends Olympic neutrality

Others Also Read