According to the Egyptian president’s office, the three leaders discussed the consequences of “global developments” — likely referring to the Russia-Ukraine War — on energy, market stability, and food security.
Egypt, the world’s largest wheat importer, receives about 80 percent of its supply from Russia and Ukraine. With wheat prices rising around the globe in the wake of the conflict, Cairo fixed the price of unsubsidized bread in the country on Monday. (Read More)
