India isn’t the only one banning food exports. These countries are doing the same

The war has triggered a huge spike in wheat prices, with Russia and Ukraine among the biggest exporters of the commodity. Many countries have banned wheat, as well as other food exports as a result of the Ukraine crisis.

“As the war continues, there is a growing likelihood that food shortages, particularly of grains and vegetable oils, will become acute, leading more countries to turn to restrictions on trade,” said the Peterson Institute for International Economics (PIIE), a Washington D.C.-based think tank.