Locals line up to shop in Baton Rouge, Louisiana, USAUN, Mar 30 strong>US Deputy Secretary of State Wendy Sherman said that the US is concerned about rising prices amid sanctions against Russia. At the same time, it ignored the fact that interruptions in the supply of exports from Russia are associated with the sanctions of international insurance companies. «Product prices are skyrocketing … And we are especially concerned about the situation in countries such as Lebanon, Pakistan, Libya, Tunisia, Yemen and Morocco, who rely on imports from Ukraine to provide the population with food,» Sherman said. According to her, grain exports from Ukraine are «interfered» by a special military operation conducted by Russia. In addition, she accused Russia of «bombing at least three, including one charter, civilian vessels that exported goods from the ports of the Black Sea». At the same time, she did not provide any specific data and no evidence. «The Russian Navy is blocking access to Ukrainian ports, effectively cutting off the export of grain,» said a State Department spokeswoman, according to which the Russian military is blocking access to the Mediterranean Sea for 94 ships loaded with products for the world 
Nebenzya: attempts to isolate Russia lead to a global economic crisis Earlier, the official representative of the UN World Food Program Thomson Peary said that the events in Ukraine could lead to rising food prices and world hunger. He noted that the Black Sea basin is one of the most important regions for the production of grain and agricultural products. Ukraine and Russia account for 30% of global wheat exports, 20% of global corn exports, and 76% of sunflower supplies, so any interruption in production or supply could drive up prices. Cecilia Rose, head of the White House economic advisory panel, said earlier that US authorities were already see “some impact” of sanctions on fuel prices in the United States, which has stopped buying oil and petroleum products from Russia. Globally, inflation is accelerating due to disruptions in industrial supply chains after the pandemic, increased demand for some commodities, as well as skyrocketing gas and oil prices. So, according to the results of February, annual inflation in the US accelerated to 7.9%, which was the highest since 1982, and the eurozone is also experiencing record price growth. Russia launched a special military operation in Ukraine on February 24. President Vladimir Putin called its goal «the protection of people who have been subjected to bullying and genocide by the Kiev regime for eight years.» For this, according to him, it is planned to carry out «demilitarization and denazification of Ukraine», to bring to justice all war criminals responsible for «bloody crimes against civilians» in Donbass. After that, foreign countries began to impose sanctions, and companies to massively suspend their activities in the Russian Federation. Chinese President Xi Jinping earlier in a conversation with US President Joe Biden said that further escalation of sanctions would lead to a serious crisis in the global economy, trade, finance, energy and food.
Russia and Belarus agreed to jointly counter sanctions
