Food prices will continue to rise as Putin halts grain exports

BRITS could face even higher food prices after Vladimir Putin choked off grain exports today, a Whitehall source warned.

Putin could keep the West from vital supplies after he “spread lies” and accused Britain’s Royal Navy of helping Ukraine conduct drone strikes in the Black Sea, an official has said.

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The Defense Ministry reports that Putin has decided to scrap the UN-brokered grain deal – which was only signed in July – as he seeks to turn away from his disastrous invasion of Ukraine.

And while ministers want to reassure the public that Britain’s food supply is safe, they have warned his actions “will have an impact”.

“If you limit the export of this commodity, the price of this commodity goes up and it’s felt around the world,” the source told the Telegraph.

Ukraine produces a third of the world’s grain, and fluctuations in supply will inevitably push up the prices of everyday items like bread and cookies.

And David Laborde, a senior research fellow at the International Food Policy Research Institute, thinks the price of wheat could now rise 10 percent when markets open on Monday.

He added that the impact of the decision will be felt around the world for months.

The desperate reasons for pulling out of the grain deal come after attacks on the Nord Stream gas pipelines in late September, widely believed to have been carried out by Russia itself.

On Saturday, the country’s Ministry of Defense indicated that British Navy employees were to blame.

The bizarre statement marked the first time Russia blamed Britain for the pipeline attack – despite there being no evidence a top NATO member attacked the Russian military facility in Sevastopol.

In response, the UK Ministry of Defense hit back, calling the allegations lies – suggesting the claim was intended to distract from Russian military failures in Ukraine.

“To distract from its disastrous handling of the illegal invasion of Ukraine, the Russian Defense Ministry resorts to spreading false claims of epic proportions,” it said.

“This made-up story says more about disputes within the Russian government than about the West.”

Admiral Lord West, a former chief of the Royal Navy, later added the claim was “ridiculous” and told sources in the Telegraph that Mr Putin should “bow his neck”.

The news comes as one of Putin’s top generals has reportedly been fired from his post commanding Russian forces in eastern Ukraine after a humiliating resignation.

But hours after his release, Ukrainian news site Channel 24 reported that Lapin’s body was found in the Moskva River, which flows through western Russia.

The outlet subsequently retracted the “false” report and later cited the Department of Defense that Lapin had taken a three-week vacation.

There are now fears that Russia’s disastrous campaign in Ukraine could purge Putin of his inner circle and key military figures.

Russia is using “mobilized reservists” in its Battle of the Dnipro because there are “extremely few” manpower, British intelligence suspected.

Putin is reportedly sending these “poorly trained” soldiers to their deaths while desperately trying to hold onto land in the region.

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