Column: Ukraine’s Growing Fuel Crisis Will Cause Global Hunger and Worsen Inflation

Farmers in Ukraine, the breadbasket of Europe, have run out of fuel. Two weeks into Russia’s assault on Ukraine supply chains are disrupted and a critical shortage of fuel for tractors and trucks is pushing Ukraine’s agricultural sector toward collapse. If it does not secure diesel soon, Europe could face massive price spikes for agricultural commodities and challenging food shortages.

As has been widely reported, Ukraine is a major agricultural powerhouse.