iraq-protest_2497875b copyA surge in the price of wheat and the rising cost of food have raised the risk of conflicts spreading globally and the possible reawaken of the “Arab Spring” uprisings in the Middle East. This is the latest warning on the impact that rising commodity prices arising from instability in Ukraine could have on security and the global economy from leading British academic Aled Jones, director of Anglia Ruskin’s Global Sustainability Institute. “The threat for the coming year is that, should global crop production be impacted by severe weather, as we have seen increasingly in recent years, the impact of the crisis in Ukraine could result in a major supply demand imbalance in global food trade,” said Mr Jones. “This would trigger major volatility in the price of food. If this happened, already fragile countries could further destabilise.” Russia’s annexation of Crimea and dispute with Ukraine has pushed wheat prices 13pc higher this month amid fears that supplies of key agricultural commodities from Europe’s bread basket could be disrupted. MORE