![]() ![]() ![]() The cost of food items such as cereals rose by 17%, while vegetable oil prices jumped 23%. On Friday, the Food and Agriculture Organization (FAO) said food prices surged to record highs in March, raising serious concerns about global food security. ![]() The EU country representatives were expected to coordinate talks with major gas and LNG suppliers to deflect a potential supply disruption. Traders weighed the worsening situation in Ukraine even as the European countries moved to reduce their dependency on Russian oil. The NASDAQ Composite fell 1.34% to 13711.00, and the small-cap Russell 2000 dropped 0.76% to 1994.56 ![]()
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