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A German newspaper questions the economy minister’s claim that the share of Russian oil imports dropped to 12% in April Germany’s Die Welt newspaper has cast doubt over Energy Minister Robert Habeck’s claim of success in cutting back on Russian oil imports, accusing him of wild exaggerations in a report on Saturday.
Wheat prices jumped nearly 8% on Monday on news of explosions in the Ukrainian capital and other cities, trading data shows. According to analysts who spoke to Bloomberg, the rising prices are due to the escalation in the conflict between Moscow and Kiev, which has placed the Ukraine grain deal, due to expire in about a month,…