Commentary
Global food, fertilizer, and energy supply chain disruptions caused by the Russia-Ukraine conflict are now driving key geopolitical realignments. It is hardly surprising: food and energy shortages and inflation began to disrupt social stability in many countries within months of the start of the war.
Fertilizer shortages—caused by taking dominant producer Russia out of much of the market—meant that the food crises are unlikely to abate until the late 2023 or 2024 growing seasons.
The campaign by the U.S. Biden administration and the UK Johnson government—in particular, to create blanket sanctions against Russia—backfired by mid-June 2022, and a growing list of governments–hitherto firmly aligned with the United States and the West—indicated that they could not support the sanctions….