Note: To give you a refresher on the Black Sea Grain Deal and some context on how we got here, the video below contains my thoughts from August 2022 and March and June of 2023. Russia announced on Monday that the Black Sea grain deal will not be extended. This initiative has enabled Ukraine to export agricultural products through Russia’s blockade of the Black Sea; however, Ukrainian exports are only at a fraction of pre-war levels. Full Newsletter: https://mailchi.mp/zeihan/russia-term... Where to find more? Subscribe to the Newsletter: https://bit.ly/3NyQu4l Subscribe to the YouTube Channel: https://bit.ly/3Ny9UXb Listen to the Podcast: https://spoti.fi/3iJyNEe Zeihan on Geopolitics website: https://zeihan.com/ Purchase the Global Outlook Webinar Here: http://bit.ly/3xBvRxd Where to find me on Social Media? Twitter: https://bit.ly/3E1E95D LinkedIn: https://bit.ly/3zJAW8b Instagram: http://bit.ly/3IW2mgp Facebook: http://bit.ly/3ZIAjHk #russia #ukraine #grain #blacksea