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The Latest Breaking News from Black Sea

India says it wants to be more involved in ending Ukraine war as Zelensky hails peace plan

Ukrainian foreign minister calls Delhi’s ceasefire proposal ‘most comprehensive’

The Independent UK · Oct 5

India seeks greater role in brokering Russia-Ukraine peace

India's Foreign Minister Subrahmanyam Jaishankar stated that dialogue and diplomacy are necessary to resolve the Russia-Ukraine conflict. He revealed that India is increasing its involvement in discussions with both Russia and Ukraine. Current talks include issues related to shipping safety in the Black Sea and the export of grain and…

The Economic Times · Oct 5

'Our side is ready to support': Zelenskyy expresses readiness for US-proposed trilateral talks with Russia

Ukraine is ready for a proposed trilateral meeting with the US and Russia at the technical level by the end of October, President Volodymyr Zelenskyy said. The announcement came after fresh Russian drone and missile attacks across Ukraine, while India said it was separately engaging Moscow and Kyiv on issues…

The Economic Times · Oct 4

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The crippling effect we’re all feeling from the deadlock in Ukraine’s war with Russia

IN FOCUS: Two of the world’s largest exporters of grain, locked in war for more than four years, have seen exports plunge even further over the last year. Prolonged conflict around the Black Sea threatens both economies - and those most in need, writes James C. Reynolds

The Independent UK · Oct 4

The biggest jump in global crop prices since 2022 threatens to boost inflation

Global agricultural prices have jumped notably due to growing tensions in the Black Sea affecting supply routes, coupled with adverse weather impacting yields. The Bloomberg Agriculture Spot Index surged by 13%, its highest quarterly growth since March 2022. Meanwhile, China's substantial purchases of American soybeans are altering grain trade dynamics.

The Economic Times · Oct 2

Russia strikes two Kyiv data centres, cargo vessels in the Black Sea

Ukrainian President Volodymyr Zelensky said Tuesday that Russia launched a wave of overnight strikes across Ukraine, hitting two foreign-flagged vessels in the Black Sea and targets in Kyiv. The strikes come as Russia ramps up its pressure campaign intended to make Ukraine buckle under near-constant bombardment of its capital and…

France 24 · Sep 29

‘We will not be intimidated,’ says Estonian PM after attributing recent arson attack to Russia – as it happened

Kristen Michal says attack ‘against Milrem Robotics was ordered by Russian special services’, after Kremlin denies involvement

The Guardian - UK · Sep 29

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Ukraine grain crisis could cost $60 billion globally, minister warns

The situation in the Black Sea is "critical", Ukraine's Minister of Agrarian Policy and Food, Taras Vysotskyi, tells Europe Today, warning of far-reaching implications for global food prices.

Euronews · Sep 29

Russia can restart 80% of Black Sea grain export terminals if attacks stop

Reuters analysed the condition of Russia's nine major grain terminals in the region, as well as smaller facilities in the Sea of Azov and Don river delta, using information from four sources familiar with terminal operations.

The Economic Times · Sep 25

Russia pounds Kyiv with drones, killing two and wounding 23 hours before Zelenskyy's UN address

Zelenskyy is in New York for the annual UN gathering as part of his diplomatic effort to shore up and recruit further international support for his country’s gruelling fight against Russia’s full-scale invasion.

Euronews · Sep 23

Ukraine values India's engagement in restoring Black Sea freedom of navigation: FM Sybiha

The meeting, which took place on the sidelines of the 81st United Nations General Assembly, also highlighted the importance of the waterway for global food security.

The Economic Times · Sep 22

Wheat Falling Back on Tuesday

Wheat is trading with contracts down 8 to 12 cents across the three markets on Tuesday morning. The wheat complex posted strength on Monday, with all three exchanges higher as tensions in the Black Sea filed to cool off over the weekend. Chicago SRW saw gains of 5 ¾ to...

Barchart · Sep 22

Ukraine-Russia war latest: Zelensky says Trump gave no ‘concrete answer’ on key weapon export

Zelensky calls for an ‘energy ceasefire’ with Russia and tells Trump he is ready for a trilateral meeting with Putin

The Independent UK · Sep 22

Wheat Bulls Post Monday Gains

The wheat complex posted strength on Monday, with all three exchanges higher as tensions in the Black Sea filed to cool off over the weekend. Chicago SRW saw gains of 5 ¾ to 12 ¾ cents across the board. KC HRW futures were up 4 to 10 3/4 cents. MPLS...

Barchart · Sep 21

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Barchart · Sep 21

Wheat Bulls Joining with Gains on Monday

The wheat complex is in rally mode on Monday, with all three exchanges higher as tensions in the Black Sea filed to cool off over the weekend. Chicago SRW is 13 to 14 cents higher. KC HRW futures are up 11 to 12 cents. MPLS spring wheat is showing gains...

The Economic Times · Sep 21

The Other Hormuz: Black Sea blockade threatens a food supply shock

Combined Russian and Ukrainian wheat exports are estimated to end up at roughly half what they were last year for the July to September harvesting period

The Economic Times · Sep 16

Russia squeezed, Saudi route hit, China circles: Why India's oil bill could get heavier

India is encountering soaring costs for crude oil imports due to ongoing global supply chain issues. Disruptions in Saudi oil export infrastructure and limitations on Russian shipments contribute to the turmoil. Additionally, China's rising thirst for Russian oil intensifies the competitive landscape for India.

Barchart · Sep 15

Wheat Extending Correction on Tuesday as the Market Eyes the Black Sea

Wheat is under pressure on Tuesday morning as the Black Sea looks to ease. The wheat complex posted mixed trade on the Monday session. Chicago SRW contracts were down 3 ¼ cents to 4 ¼ cents higher at the close. KC HRW futures were mixed, with contracts 6 cent lower...

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The Independent UK · Sep 13

Ukrainian drones kill 2 in Russia as Moscow hits main port hub in Black Sea

Civilians were killed and injured as Russia and Ukraine continued to attack each other with waves of drones overnight into Sunday

The Times of India · Sep 13

Two giant dams starved the Danube Delta of sediment for decades

The Danube's sediment supply to its delta has significantly decreased due to upstream engineering works. Large dams like the Iron Gates trap sediment, altering the natural balance of the delta. This reduction in material has led to increased coastal erosion along the delta's seaward edge. Recently, ten obsolete dams were…

The Economic Times · Sep 11

In talks with Putin, Modi raises safety of Indians in Black Sea

Prime Minister Narendra Modi and Russian President Vladimir Putin discussed the safety of Indian seafarers in the Black Sea and India’s readiness to support peace efforts in the Ukraine conflict. The two leaders agreed to target $100 billion in annual bilateral trade by 2030 and deepen cooperation across defence, energy…

The Economic Times · Sep 11

Russian President Putin invites PM Modi for 24th India-Russia Summit, discuss bilateral ties, West Asia and Black Sea conflicts

Prime Minister Modi and President Putin discussed bilateral ties and future cooperation. President Putin invited Prime Minister Modi to Russia for the 24th Annual Summit. Both leaders shared perspectives on global conflicts and regional situations. They also reviewed progress in various sectors of bilateral cooperation. The Special and Privileged Strategic…

The Independent UK · Sep 10

Ukraine-Russia war latest: Nato foils Moscow plot to unleash secret weapon to destroy undersea cables in Arctic

Britain, Norway and US confront Russian vessels involved in secret deepsea operation

Radio France Internationale · Sep 6

Turkey seeks Black Sea shipping deal as attacks threaten grain trade

Turkey is racing to restore safe passage for cargo ships in the Black Sea as attacks on shipping disrupt grain exports and push up prices. Russia and Ukraine are major global wheat exporters, but Black Sea trade has been severely disrupted as both sides step up attacks on shipping and…

The Economic Times · Sep 5

Asian buyers turn to Australian, Argentine wheat amid Black Sea disruptions

With disruptions in the Black Sea causing significant challenges, Asian wheat importers are urgently turning to alternative sources, acquiring at least 500,000 tons of wheat from Argentina and Australia. This scramble for supplies comes at a cost, as prices have increased dramatically.

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