China condemns US extortion of Iranian airlines, rejects Washington’s ‘illegal’ sanctions threats
Press TV – September 22, 2026
China has fiercely rejected the United States’ latest attempts to ground Iran’s aviation sector, dismissing Washington’s threats of secondary sanctions as “illegal” coercion that lacks any basis in international law.
The rebuke from Beijing signals growing global resistance to the Trump administration’s failing “Economic D-Day” campaign against Iran.
The diplomatic clash erupted after US Treasury Secretary Scott Bessent boasted in a televised interview that “all the Iranian airlines will be shut down around the world” within days.
Bessent threatened global aviation hubs and foreign firms with exclusion from the US dollar system if they provide fuel, landing services, or ticket sales to Iranian carriers.
Beijing, a primary economic and diplomatic partner of Tehran, swiftly condemned the maneuver.
“China consistently opposes illegal unilateral sanctions that lack a basis in international law or authorization from the UN Security Council,” Foreign Ministry spokesman Guo Jiakun told reporters.
The friction arises just days before a scheduled summit between US President Donald Trump and Chinese President Xi Jinping, and shortly after Bessent met with Chinese Vice Premier He Lifeng for economic talks.
Collapse of ‘Economic D-Day’
Bessent’s threats against Iranian airlines are a hallmark of what he previously dubbed “Economic D-Day”, a sweeping, draconian sanctions regime intended to force Iran’s capitulation.
However, analysts note that the campaign has largely collapsed on the global stage.
Despite Washington’s demands, key global powers, including China and Russia, as well as Iran’s regional neighbors, have refused to enforce the illegal embargo.
The US attempt to isolate Iran has backfired, exposing the severe limitations of American financial hegemony when wielded without international consensus.
The US resort to extreme economic coercion against civilian aviation follows the catastrophic failure of its broader military objectives.
Since launching an unprovoked US-Israeli war of aggression in late February, Washington has failed to achieve its stated goals.
Instead of capitulating, Iran has seized the strategic initiative. By asserting sovereign control over the Strait of Hormuz, Tehran has effectively expelled the US from the Persian Gulf region.
Italy to move military personnel from Taif base after missile strike
Al Mayadeen | September 22, 2026
The Italian government has decided to relocate a significant portion of its military personnel from an airbase in Taif, Saudi Arabia, following a missile strike that hit an Italian Eurofighter fighter jet stationed at the facility, the Italian newspaper Messaggero reported on Tuesday, citing sources.
The move concerns personnel from the Italian Task Force Air Arabia, which operates from the Taif airbase. The Italian contingent stationed there is estimated to number around 500 personnel.
The relocation is being described as a “restructuring” of Italy’s military deployment, rather than a complete withdrawal from the base, according to the report.
A significant portion of the Italian military personnel will be moved to a safer facility, which is also likely to be located in Saudi Arabia. The Taif airbase will not be left without operational coverage, with continuity of activities set to be maintained in line with Italy’s international obligations.
Italian Prime Minister Giorgia Meloni and Defense Minister Guido Crosetto decided to strengthen security measures for the country’s military personnel after a missile struck an Italian Eurofighter stationed at the base overnight into Friday, Messaggero reported.
Is Italy backtracking on its plans?
Only a few days ago, Italy was preparing to deploy up to four naval vessels, including frigates, to secure passage for its merchant fleet through the Bab al-Mandab Strait, Italian daily Corriere della Sera reported, citing sources.
Crosetto reportedly told EU foreign affairs and security chief Kaja Kallas in a letter that “the need to adopt effective and timely decisions” was urgent to prevent further disruption to maritime traffic through the strait, which links the Red Sea to the Gulf of Aden.
Rome said it is prepared to act independently if other European Union member states do not move to reinforce the bloc’s Aspides maritime mission, though it expects to share the financial burden with fellow EU states if others step up.
The latest escalation was initiated by Saudi Arabia when it bombed Sanaa International Airport, while continuing the years-long siege imposed on Yemen. Sanaa had repeatedly demanded an end to the blockade and the reopening of the airport before launching its current counteroffensive.
Yesterday, Yemen’s national negotiating delegation held Saudi Arabia responsible for refusing to lift the blockade imposed on the country’s airports and ports, the Yemeni SABA news agency reported, citing an informed source.
Finland’s Stubb tells European leaders to calm down
RT | September 22, 2026
Finnish President Alexander Stubb has pushed back against warnings from fellow European leaders that Russia could attack NATO in the near future, saying Helsinki’s intelligence sees no evidence of an imminent military threat.
Moscow has repeatedly dismissed claims that it intends to attack NATO. Russian officials have argued that Western governments are exaggerating the prospect of a confrontation with Moscow to justify increased military spending and continued support for Ukraine.
Stubb made the comments in an interview with Politico on the sidelines of the UN General Assembly in New York on Monday, after several European officials suggested that Moscow could target members of the US-led military bloc within months.
“We don’t see the evidence of that,” Stubb said. “In our intelligence we see that there is activity but no imminent military threat right now.”
“It is not in the interest of Russia nor in the capacity of Russia to go full-scale,” he added.
Stubb’s assessment contrasts with increasingly urgent warnings from several other European officials.
Last week, Polish Prime Minister Donald Tusk claimed Russia could fire drones or missiles into NATO countries backing Ukraine in “the next few months.” French President Emmanuel Macron described Tusk’s warning as “sound and well-documented.”
The head of the Czech Republic’s BIS security service, Michal Koudelka, likewise suggested that possible Russian actions could include “a limited incursion, false-flag provocations, [or] a massive influence campaign,” saying such scenarios could unfold within “months, not years.”
Stubb, whose country shares a 1,340-km (833-mile) border with Russia, described predictions that NATO countries could soon be targeted as an “overreaction” and urged his European counterparts to remain “cool, calm, and collected.”
Russian President Vladimir Putin said last week that “some European leaders are openly declaring that they are preparing for war with Russia,” accusing them of seeking to “salvage their declining ratings by covering up mistakes in their economic and social policies.”
“Instead of stopping and listening to their citizens, who have made it clear during the elections that they don’t want any war with Russia, these leaders continue to escalate the situation,” Putin said.
Finland abandoned its longstanding policy of military non-alignment and joined NATO in 2023, following the escalation of the Ukraine conflict the previous year.
Despite Stubb’s assessment that there is no imminent military threat, Helsinki has continued expanding its defense and civil preparedness. Earlier this month, Finland staged what AP described as Europe’s largest civil-defense exercise since World War II, involving more than 2,000 participants.
Defeating Russia on battlefield impossible – Fico
By Lucas Leiroz | September 22, 2026
Not all NATO countries are willing to support the alliance in its relentless pursuit of conflict with Russia. In a recent statement on the matter, Slovak Prime Minister Robert Fico made it clear that he disagrees with NATO’s current policy regarding Russia. He described the war plans pursued by some of the bloc’s leaders as absolutely irrational and asserted that Russia cannot be defeated on the battlefield.
Fico made his statement in a video posted on social media. He commented on the situation in extremely realistic terms, asserting that there is no supranational force capable of compelling Russia to abandon the territories it has already reintegrated. Furthermore, he emphasized that Ukraine missed a major opportunity for peace back in 2022, when the Kiev regime refused to sign a peace agreement with Russia in order to follow the guidelines of what he calls the “Russophobic West.”
Not only that, Fico also made it clear that the Western strategy of continuing to fight in the long term – “to the last Ukrainian” – has already failed completely. According to him, it is unreasonable to insist on sending military and financial support to Ukraine when doing so merely prolongs the conflict indefinitely, further increasing the suffering of the Ukrainian people and creating serious tensions between Europe and Russia – thereby jeopardizing the entire regional security architecture.
However, the most important point of Fico’s speech was his criticism of NATO’s current attempt to escalate the war into a stage of direct confrontation with Russia. The Slovak leader stated that, given the impossibility of NATO defeating Russia through Ukraine, some bureaucrats within the bloc are now trying to heighten tensions to create a pretext for a direct conflict. He described these bureaucrats as “war hawks” who “have gone crazy.”
“There is no supranational force to compel Russia to withdraw from the militarily controlled Ukrainian territory (…) Ukraine made a huge mistake in April 2022, a few months after the start of the conflict, by listening to the Russophobic West and not signing the prepared peace agreement (…) [Western strategy] to support the war in Ukraine to the last Ukrainian soldier and defeat Russia has completely failed (…) Several politicians in the West believe that if it (victory over Russia) cannot be achieved through the Ukrainian army and its full support, everything must be done to provoke a conflict between NATO and Russia (…) some war hawks in NATO are trying at all costs to turn this war into a conflict between Russia and NATO (…) Someone must have gone crazy here [because] Russia cannot be defeated in a conventional war,” he said.
Subsequently, in another social media post, Fico stated that NATO’s attempt to wage war against Russia is actually a distraction intended to mask the current Western liberal order’s inability to address the real problems of the contemporary world – such as energy security and illegal migration. European leaders who support a conflict with Russia ultimately seek to hide their own inability to solve the problems currently affecting Europe.
Furthermore, he emphasized that while he holds the office of Prime Minister, he will not allow Slovakia to participate in these war plans. He vowed to prevent Slovak soldiers from being mobilized to fight in a conflict that does not concern the country’s interests.
“The West’s military rhetoric and the search for a pretext for a military conflict with Russia are intended to distract from the liberal world’s inability to address basic challenges such as the price and availability of energy and fuel, as well as illegal migration. As long as I am Prime Minister of the Slovak Republic, I will not agree to Slovak soldiers taking part in any military adventure provoked by anyone within NATO,” he added.
Fico’s words sound like a sign of rationality amidst the current Russophobic frenzy. Few leaders in Europe are willing to criticize the Western bloc’s war plans; Fico stands as an example for other Europeans to follow regarding his willingness to establish a sovereign, pragmatic, and pro-peace foreign policy.
Unfortunately, however, most countries in the Western alliance – especially the UK and key EU members – persist in escalating tensions with Russia. Moscow is doing everything possible to prevent a worst-case scenario from becoming reality, yet European hostility is creating a serious security crisis on the continent.
Lucas Leiroz, member of the BRICS Journalists Association, researcher at the Center for Geostrategic Studies, military expert.
You can follow Lucas on X (formerly Twitter) and Telegram.
Massachusetts Wants Mental Health Visits, Why Does Government Use ‘Health’ to Enter Our Homes & Families?
By Jefferey Jaxen | September 22, 2026
In our modern era, there is an uncomfortable political magnetism that continually compels government to want inappropriate inclusion into our personal lives.
The medical and health aspects are the preferred vectors for this addict-like state behavior.
Massachusetts Governor Maura Healey just announced over $2M in funding for the state to conduct home mental health checks on every mother and their newborn in the state.
Why? Because Lindsay Clancy killed her kids. At least that was the excuse Healey used.
The move dovetails with the expanding public-health police powers from Pennsylvania Governor Josh Shapiro’s proposed Department of Health rules (warrantless entry into homes and schools for “disease control measures,” including non-infectious “conditions”).
These cyclical impulses for bureaucrats to want unjust inclusion into our families and homes, in the name of health, must be examined for what they really are.
In 2016 the Scottish government made headlines with its ‘named person’ scheme dubbed the ‘snoopers charter’ by thinking citizens at time. It aimed to assign a government agent to every newborn to ‘safeguard’ the welfare.’
It was delayed when the Supreme Court ruled that the plan breached Human Rights laws and was eventually withdrawn in a complete humiliation to the government.
During that same year, then-MSNBC host Melissa Harris Perry echoed Scotland’s energy. Discussing public education, Harris Perry said, “We have to break through our kind of private idea that kids belong to their parents or kids belong to their families.”
For years states have been attempting to ram through legislation to eliminate parental choice to vaccinate children often at any age. The current era of gender transitioning has seen the unholy alliance of the education and medical systems collaborate to detach children from parental consent.
The Covid pandemic was another wild-eyed excuse for state behavior to once again display this addictive impulse.
In 2020, Executive Director of the World Health Organization Dean Ryan suggested entering people’s homes, removing and isolating family members if they tested positive.
Despite the stated good intentions the state uses as the excuse to enter homes, inspect families and gain undue access to our lives, the end result is an attempted redirect into a broke medical system with limited tools.
Dangerous gender hormones and surgery, vaccinations with questionable safety profiles and SSRI medication are the only answers government can offer.
To allow sacred inclusion into each of our lives is the most personal choice we can make. Our health decisions and those of our children are even more precious and personal. Government has no place to enter unannounced for any excuse.
US lawmaker admits American people footing bill for Trump’s failed aggression against Iran
Press TV – September 22, 2026
Republican Representative Ashley Hinson of Iowa has criticized the unprovoked US-Israeli war of aggression against the Islamic Republic of Iran, declaring that ordinary Americans should no longer pay the price for a war that has spectacularly backfired on its architects.
Hinson, who is running for a US Senate seat, posted on the social media platform X that “Iowans are being squeezed and shouldn’t have to foot the bill at the pump or the checkout line for the war in Iran.”
She called for immediate measures to ease soaring fuel and living costs, including suspending the gas tax, pausing diesel exports, expanding E-15 ethanol use, reinstating the $1-per-gallon biodiesel tax credit, and creating a diesel relief program for farmers and truckers.
“These actions to lower costs are needed ASAP, and the war needs to be brought to a successful and immediate end,” Hinson wrote, while insisting the highway trust fund must still be replenished to avoid further infrastructure decay.
The remarks come as the Trump administration’s illegal war has failed to achieve any of its stated objectives. Iranian forces have responded with successive waves of precision missile and drone strikes under Operation True Promise, dismantling US bases across the region, destroying significant radar capabilities, and imposing staggering military and economic losses on the aggressors.
US war goals remain unmet more than six months into the war, with Iranian retaliation turning the tables through asymmetric capabilities that have become the “enemy’s worst nightmare.” The aggression has driven up global energy prices, directly hitting American consumers at the pump and grocery stores, while Iran has emerged stronger, having successfully defended its sovereignty and supported regional resistance forces.
Hinson’s call for an “immediate end” underscores the growing domestic backlash within the United States against a quagmire engineered by Trump and Israeli prime minister Benjamin Netanyahu.
Economic analysts have warned of tens of billions in direct military costs to American taxpayers, compounded by broader damage from disrupted oil flows and regional instability.
Iranian officials have repeatedly stressed that the Islamic Republic seeks neither war nor escalation but will deliver crushing, proportionate responses to any aggression.
Pfizer Gave $500,000 to Groups That Lobbied to End Religious Exemption in Massachusetts
By Henrick Karoliszyn, DSW | The Defender | September 21, 2026
Pfizer paid $500,000 to two nonprofits that later signed a letter urging Massachusetts lawmakers to eliminate the state’s religious exemption from mandatory childhood school vaccinations, according to the company’s own public grant disclosures and a legislative letter reviewed by The Defender.
The drugmaker’s “US Medical, Scientific, Patient and Civic Organization Funding Report” for fiscal year 2024, posted on Pfizer’s transparency website, lists a $400,000 payment to the American Society for Meningitis Prevention (ASMP) for “Policy Efforts for comprehensive Meningococcal Meningitis Vaccination.”
The same report lists a $100,000 payment to the March of Dimes Foundation in 2024, categorized as a “Vaccine Policy Campaign Maternal Immunization.”
More than a year later, both organizations’ names appear among roughly two dozen signatories on a June 1 letter to the Massachusetts House Committee on Ways and Means urging lawmakers to advance House Bill 2554 (H.2554).
The bill would “remove the non-medical exemption from required school vaccines and enhance data collection and sharing to better track immunization rates,” according to the letter.
Patti Wukovits and Alicia Stillman, ASMP’s co-executive directors, and Chloe Schwartz, March of Dimes’ director of its maternal and infant health initiative, signed on behalf of their organizations.
Massachusetts currently allows parents to opt their children out of school vaccination requirements on religious grounds. The bill would eliminate that option, leaving only medical exemptions.
ASMP separately describes itself as focused on educating young people and parents about meningococcal meningitis. The March of Dimes has publicly credited Pfizer as an “inaugural supporter” of its vaccine-education campaign, describing a partnership that supports work encouraging adherence to the vaccine schedule recommended by the Centers for Disease Control and Prevention.
Neither organization has publicly addressed the timing of the donations relative to their support for H.2554.
Pfizer’s disclosure does not indicate the money was earmarked specifically for opposing Massachusetts’ religious exemption. The stated purposes are broader vaccine-policy campaigns tied to meningococcal disease and maternal immunization.
The ASMP and the March of Dimes did not respond to requests for comment from The Defender.
Critics call Massachusetts bill a ‘dangerous attack’
As of September 2026, bill-tracking records show that H.2554 was positively reviewed and referred onward, consistent with the coalition letter’s own reference to the bill having “recently reported favorably out of the House Committee on Health Care Financing.”
The bill’s supporters, including the Massachusetts Medical Society, argue that eliminating nonmedical exemptions would raise vaccination rates — as it has in California, Connecticut, Maine and New York, which eliminated religious exemptions — and reduce the risk of school-based disease outbreaks amid rising exemption rates.
Opponents, including Health Action Massachusetts, call the bill a “dangerous attack on religious freedom and educational access” that would force families who decline vaccination on religious grounds to homeschool their children, including children with special needs, regardless of circumstance.
Drugmakers should be required to define financial ties to lobbying groups
Pharmaceutical industry funding of advocacy groups is not a new practice.
But critics argue it allows companies with a direct financial stake in vaccination mandates to shape public health policy through intermediary organizations rather than lobbying directly.
Gail Seiler, president of Betrayal Project USA, said drugmakers should clearly define their financial ties to advocacy groups that go on to lobby for vaccines.
“When pharmaceutical companies provide substantial funding to organizations that then advocate for public policies affecting the use of those companies’ products, the public deserves complete transparency about those financial relationships,” Seiler told The Defender.
Parental consent for childhood vaccinations is also at issue, Seiler said.
“No parent should be forced to justify a deeply personal medical decision for their child to a corporation, lobbying organization, school system or government official,” she told The Defender. “Informed consent cannot exist without the freedom to say no.”
William M. Snyder, an attorney with Protat Snyder Law, called the financial arrangement “another example of Pfizer using its funds to enable non profits to lobby states to eliminate vaccine exemptions.
Bethany Clark of the Kentucky Medical Freedom Coalition told The Defender that monetary arrangements pharmaceutical companies have with larger organizations make it harder for local ones to have an impact.
“It does raise questions about how much influence corporations have over legislation,” Clark said.
“As a grassroots organization, it’s difficult to see our efforts to pass pro-medical freedom bills or stop bad legislation and wonder if our seeming inability to move the needle in the last few sessions has anything to do with the deep pockets of organizations with a lot of money at stake in the outcome of that legislation.”
Pharma financing vaccine mandate lobbyists should set off ‘every ethics alarm’
Dr. Chris Flowers extended a critique of the funding structure itself. He told The Defender :
“It does not matter whether the product is a vaccine, a software license, or a building material. When the seller finances the advocacy that would force the public to buy it, the conflict is structural.
“Mandates plus manufacturer funding of the mandate campaign is a combination that should set off every ethics alarm. Paying the messengers who then demand a mandate for your product is not philanthropy. It is sales.”
“Religious exemptions exist so the state cannot conscript every family into a commercial market,” Flowers added.
Pfizer and its defenders counter that funding patient- and disease-advocacy groups is standard industry practice disclosed for exactly this kind of scrutiny, and that the grants funded general vaccine-policy work.
Pfizer did not respond to a request for comment from The Defender.
This article was originally published by The Defender — Children’s Health Defense’s News & Views Website under Creative Commons license CC BY-NC-ND 4.0. Please consider subscribing to The Defender or donating to Children’s Health Defense.
HE SAVED LIVES. NOW HE FACES PRISON.
The HighWire with Del Bigtree | September 17, 2026
Emergency medicine physician Ron Elfenbein M.D. went from running federally supported monoclonal antibody clinics to facing federal health care fraud charges after challenging the government’s handling of COVID therapeutics.
Israeli lobby seeks to bind US fate to ‘Israel’: Araghchi
Al Mayadeen | September 21, 2026
Iranian Foreign Minister Abbas Araghchi has accused the Israeli lobby of attempting to tighten its hold over Washington after a prominent pro-Israel figure called for deeper US-Israeli integration that would make any economic action against “Israel” costly for the United States.
“The Israel lobby is getting less shy about its grip on U.S. policy toward Iran,” Araghchi wrote in a post on X.
“In Miriam Adelson’s publication, the Lobby’s loudspeaker says U.S. policy must ensure America pays a price for any slight against Israel,” he added, concluding, “High time for Washington to break free from these shackles.”
Pro-Israel figure warns of financial pressure
Araghchi was responding to an opinion article published by the Israeli newspaper Israel Hayom, whose publisher is US-Israeli billionaire Miriam Adelson.
The article was written by Mark Dubowitz, chief executive of the Washington-based Foundation for Defense of Democracies (FDD), a pro-Israel think tank that has long advocated stringent sanctions and other forms of pressure against Iran.
Titled “Israel must prepare for the possibility of financial warfare,” the article warns that the financial-sanctions apparatus Washington built to target Iran could eventually be turned against “Israel.”
Dubowitz argued that a future US administration could expand punitive measures from individual Israeli settlers to Israeli companies, banks, and major economic sectors. He pointed to the dependence of Israeli financial institutions on the US-dominated international banking system and warned that declining public support could weaken “Israel’s” political protection in Washington.
Making pressure on ‘Israel’ costly for Washington
To shield the occupation from possible sanctions, Dubowitz proposed expanding its relations with US governors and financial institutions while increasing economic ties with other markets.
Most notably, he called for making the US and Israeli economies and security establishments so interconnected that Washington would suffer consequences if it attempted to exert financial pressure on “Israel.”
“Most importantly, Israel and the United States should deepen their military, technological, intelligence and economic integration to such an extent that inflicting financial harm on Israel would also carry a significant cost for Washington,” he wrote.
Araghchi interpreted the recommendation as an open admission that the Israeli lobby seeks to subordinate US policy to Israeli interests and ensure that Washington bears the consequences of any measure taken against the occupation.
The Iranian foreign minister’s remarks come as scrutiny mounts over unconditional US political, military, and economic support for “Israel,” despite its ongoing aggression across the region and mounting international calls for accountability.
Pakistan-Iran talks secure LNG shipment to Islamabad through Hormuz
Al Mayadeen | September 21, 2026
Pakistan has negotiated with Iran to secure safe passage through the Strait of Hormuz for another liquefied natural gas shipment, offering some respite as the South Asian nation struggles with an energy shortfall.
The tanker, which loaded LNG from Qatar’s Ras Laffan facility in late June, crossed the strait over the weekend and is signaling that it will arrive at Pakistan’s import facility by Tuesday, according to ship-tracking data.
The passage was negotiated between government officials, said people with knowledge of the matter, and would mark the second such Qatari delivery this month. The people asked not to be named as the conversations are not public.
Pakistan relies on relations with Iran to avoid blackouts
While LNG shipments through Hormuz remain heavily disrupted, some vessels have been able to get through. Import-dependent Pakistan, badly hit by the upheaval in the Gulf due to the US war on Iran, has been leveraging its relationship with Tehran to receive several cargoes since Washington launches its war on February.
Pakistan had been considering a tender if the shipment didn’t get through Hormuz. A successful delivery, however, is preferable for the government, eager to avoid buying additional expensive shipments from the spot market, where prices have spiked to the highest level since 2022.
The South Asian nation received nearly all of its LNG from Qatar last year. The emirate is home to the world’s largest LNG export plant, which is still exporting only a very small amount through Hormuz, Energy Minister Saad Sherida Al-Kaabi said at the Qatar Economic Forum in New York Sunday.
QatarEnergy says Hormuz crisis could delay expansion projects
The crisis over the Strait of Hormuz could delay some QatarEnergy expansion projects because critical equipment is unable to reach Qatar, the company’s CEO Saad al-Kaabi said on Sunday.
Al-Kaabi said QatarEnergy was currently producing only a “very minute” volume of liquefied natural gas.
Speaking at the Qatar Economic Forum in New York, al-Kaabi said a few LNG trains under QatarEnergy’s North Field East (NFE) expansion are due to start up in 2027, with the North Field South (NFS) expansion set to begin production in 2028.
This comes as the crisis in the Strait of Hormuz continues to affect Qatar’s economy negatively, in light of the US war on Iran, which prompted Tehran to close the Strait in retaliation.
Black Sea grain crisis puts global wheat supplies under pressure
Al Mayadeen| September 21, 2026
The disruption of grain shipments from the Black Sea is deepening concerns over global food security, with Russia and Ukraine’s reduced wheat exports threatening to push prices higher and intensify inflation pressures.
The two countries account for more than a quarter of global wheat trade, making the Black Sea a critical route for grain shipments to some of the world’s largest importers. However, escalating attacks on ports, grain terminals, storage facilities, and vessels have severely disrupted exports since July.
The crisis comes as markets remain focused on energy disruptions and rising oil prices linked tothe US and Saudi aggressions in West Asia, while food supply risks have received less attention from investors.
“We can think of the Black Sea as important for global wheat trade as the Strait of Hormuz is for global oil trade,” Caitlin Welsh, a food security expert at the Center for Strategic and International Studies, said. “The world is underestimating the impact of these attacks.”
Black Sea grain routes face mounting pressure
Tue Vuong, chief executive officer of Golden Wheat, a milling company based in Ho Chi Minh City, secured four cargoes of wheat from the Black Sea region, accounting for about a fifth of the company’s annual supply.
However, after the summer escalation in the Russia-Ukraine war, he was informed that some shipments would not be delivered.
“I was very panicked,” Vuong said. He received replacement offers for two cargoes from Bulgaria but spent weeks searching for additional supplies to avoid shortages.
“We were too exposed to a crisis in the Black Sea,” he added.
Golden Wheat eventually switched two vessels to load Bulgarian wheat from Burgas, located about 500 kilometers from the Ukrainian port of Odesa. Vuong also monitored shipping movements, insurance conditions, and developments in the Red Sea, where vessels face additional security concerns.
“Although the vessels were insured, if they had been attacked, we would have faced shortages,” he said.
The company later turned to US wheat supplies at a significantly higher cost, while prices continued to climb.
Russia and Ukraine wheat exports disrupted
Russia and Ukraine are among the world’s largest wheat exporters, while also accounting for major shares of sunflower oil and corn shipments.
Combined Russian and Ukrainian wheat exports are expected to reach roughly half last year’s level during the July-September harvesting period, according to researcher SovEcon.
Egypt, the world’s largest wheat importer, has not received Black Sea grain shipments for about a month. Russia’s exports have been affected by Ukrainian drone attacks, while Ukraine has struggled to move grain after damage to ports and disruptions to shipping routes.
Ukraine has attempted to redirect exports through Romania’s Constanta port and alternative routes along Romania and Bulgaria’s coastlines, but these channels are facing congestion.
A backlog of around 80 mostly smaller vessels has formed around Ukrainian Danube ports as traffic moves away from major Black Sea terminals, according to ship-tracking data compiled by Kpler and Bloomberg.
