State Department spokesperson Ned Price on Monday lambasted Russia's recent decision to withdraw from the U.N.-brokered deal that allowed for grain to be exported through the Black Sea -- likely to be a chief focus of this week’s G-7 ministerial meeting and potentially the G-20 Leaders' Summit next month.
"We deeply regret Russia's decision to suspend its participation in the Black Sea Grain Initiative, which is having immediate, harmful impacts on global food security," Price said during a press briefing. "Russia should return to full participation in the initiative, and we urge all parties to swiftly agree to sustain this crucial program through the months to come."
"Any disruption to the initiative risks spiking food prices, lowering the confidence of insurers and commercial shippers who have returned to Black Sea routes, and further imposing hardships on low-income countries already reeling from dire humanitarian crises and global food insecurity," he added.
Price said Russia's reneging had already caused future contracts for foodstuff to rise, even though some ships appear to have been allowed to pass through the water routes with their cargo following Moscow's announcement.
"We've seen Russia engage in what appears to be collective punishment for the people of Ukraine," he said. "But Moscow's suspension of the initiative would be tantamount to collective punishment for the rest of the world -- but especially lower- and middle-income countries that so desperately needed this grain."
-ABC News' Shannon Crawford