date:Jul 22, 2022
d Stream 1 pipeline has resumed albeit partially its operation, supplying Germany with Russian gas via the Baltic Sea. The EU avoids, for now, the nightmare scenario of complete gas shutdowns.
Meanwhile, some reconciliatory moves with Russia such as the US rejecting duties on Russian fertilizers and the EU softening its sanctions on Russian banks to assist the global food trade have given food markets some optimism.
Prior to this mornings reopening, the EU-agri-food sector backed the EC r