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The Latest Breaking News from the Black Sea

Surge in Black Sea attacks adds to strain on global commodity flows

Attacks on Black Sea shipping routes are disrupting global grain and oil supplies. Ukraine and Russia have intensified strikes on each other's export facilities and vessels. This escalation adds pressure to commodity markets already facing Middle East disruptions. Shipping costs and war insurance premiums have significantly increased due to rising…

The Economic Times

Turkish foreign ministry denounces attacks on two civilian cargo ships in Black Sea

At the end of May, Turkey had warned of an "uncontrolled escalation" in the Black Sea region after a drone attack on a Turkish cargo ship.

Euronews

Russian civilians killed in Crimea as Ukraine war takes its toll on Black Sea shores

Four people, including three civilians, were killed by an unidentified Russian soldier in the Black Sea city of Sevastopol in Russian-annexed Crimea, officials said Tuesday. The deadly shooting comes a day after six civilians, including three children, were killed in a Ukrainian drone attack on the beach of a Russian…

France 24

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Oil prices surge 20% in July as US-Iran war heightens Strait of Hormuz tensions

Oil prices saw volatility last week but are set for significant monthly gains. Escalating United States-Iran tensions and Houthi attacks are impacting global energy markets. Saudi Arabia is forming an alliance to protect Red Sea navigation from militant blockades. Concerns also persist regarding supply disruptions in the Black Sea region.…

The Economic Times

Fears of wheat price surge amid Ukraine-Russia clashes in the Black Sea

Intensifying clashes between Ukraine and Russia in the Black Sea are threatening a crucial trade artery responsible for nearly a third of the world's wheat supply, stoking fears of soaring prices and shortages.

Radio France Internationale

Russia hits Ukraine military cargo vessel near Odesa as Kyiv targets oil refinery

Russia claimed striking a vessel near Odesa carrying military cargo. Ukraine reported hitting Russia's Volgograd oil refinery and port infrastructure. Both nations are increasingly targeting logistics and supply chains. This escalation highlights the Black Sea's crucial role in the ongoing conflict. Ukraine also continues its campaign against Russian logistics targets.

The Times of India

No, this video does not show a drone attack on ships in Egypt

Following reports of a drone attack on a US-owned gas storage vessel at Egypt’s Damietta port, a video purporting to show the incident began circulating online. The footage, however, is unrelated to the conflict in the Middle East. FRANCE 24 found that the footage instead shows a Ukrainian drone striking…

France 24

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Jaishankar tells Ukraine attacks on Indian seafarers are unacceptable

India unequivocally condemned attacks on commercial shipping and Indian seafarers in the Black Sea. External Affairs Minister S Jaishankar conveyed this stance to his Ukrainian counterpart Andrii Sybiha. The conversation followed the killing of an Indian seafarer in a recent Black Sea vessel attack. Ukraine urged India to play an…

The Economic Times

India issues Black Sea advisory after deadly strikes off Ukraine, calling maritime corridor ‘highly volatile’

Five Indians have been killed in a week of increasing Russian and Ukrainian strikes

The Independent UK

Shipping authority asks Indian seafarers to assess security situation before taking up jobs in conflict zones

The Directorate General of Maritime Administration issued a strong caution for vessels operating in the Black Sea. This advisory follows recent attacks that tragically claimed the lives of five Indian seafarers. Indian flagged and foreign vessels with Indian crew must now conduct thorough risk assessments. Attacks on commercial vessels have…

The Economic Times

‘Inadmissible and intolerable’: Romania shoots down third suspected Russian drone in three days, summons Moscow's envoy

Romania shot down a drone entering its airspace over the Black Sea. This marked the third such interception in as many days. President Nicusor Dan condemned these repeated violations as intolerable and unacceptable. Romania summoned the Russian ambassador to protest these airspace breaches. Investigations are ongoing into the drone incidents…

The Times of India

Indian seafarer killed in Black Sea attack on commercial vessel; MEA condemns strike

One Indian national died after a commercial vessel was attacked in the Black Sea. Two other Indian crew members aboard the MV Omorfi are reported to be safe. The vessel was transiting reported Russian territorial waters when the incident occurred on July eighteenth. India condemned the attack, citing threats to…

The Economic Times

India urges caution for ships entering Black Sea

India issued a security warning for ships in the Black Sea region. This advisory follows a recent Russian attack that killed four Indian nationals. The maritime authority urged extreme caution and risk assessments for voyages. Several other attacks involving Indian seafarers have occurred since April. India is a major contributor…

The Economic Times

Russia says it won’t stop attacks on Black Sea shipping despite Indian protest over sailor deaths

Kremlin says Russian forces will continue attacking vessels they believe are transporting weapons for Ukraine

The Independent UK

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Euronews

Four drone strikes in four days hit tankers carrying Kazakhstan's oil

Drone attacks on vessels in the Black Sea tasked with transporting Kazakhstan's oil persisted for multiple days, with Astana condemning the strikes. The CPC route carries around 80% of Kazakhstan's oil exports and more than 1% of global supply.

Euronews

Three wounded in strike on Ukraine-bound LPG tanker off Romania in the Black Sea

Romania’s president says the attack on the Ukrainian ship carrying dangerous chemicals was “most likely” the result of a Russian attack, calling it a “serious incident” and launching a probe to determine its cause.

The Conversation

How controlling (and tolling) a narrow waterway near ancient Troy changed history

Christopher Nolan’s highly anticipated adaptation of The Odyssey officially opened in theatres this week. It retells Homer’s ancient epic of Odysseus’ journey home from the Trojan war.

Barchart

Wheat Futures Hanging On to Most of Wednesday’s Rally

Wheat futures are fading at midday, down 4 to 5 cents but holding on to most of the Wednesday rally. The wheat complex was in rally mode on Wednesday, with potential restrictions on Russian exports out of the Black Sea. Chicago SRW contracts were mostly 26 to 32 1/2 cents...

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Barchart

Wheat Showing Modest Thursday Morning Gains

Wheat is continuing its climb on Thursday morning, with contracts fractionally to 4 cents higher across the three exchanges. The wheat complex was in rally mode leading to the grains higher on Wednesday, with export concerns out of the Black Sea. Chicago SRW contracts were mostly 26 to 32 1/2...

Barchart

Wheat Rallies on Wednesday following Black Sea Escalation

The wheat complex was in rally mode leading to the grains higher on Wednesday, with export concerns out of the Black Sea. Chicago SRW contracts were mostly 26 to 32 1/2 cents in the green at the close. KC HRW futures were 23 ¾ to 42 cents in the front...

Barchart

Wheat Sees Midday Limit Gains on Black Sea Escalation

The wheat complex is in rally mode to the lead the grains higher on Wednesday, with export concerns out of the Black Sea. Chicago SRW contracts are 35 to 36 cents in the green at midday. KC HRW futures are up 41 to 43 cents in the front months, after...

France 24

EU seals deal with Ukraine to scale up drone production

Ukraine and the European Union have signed a "drone deal" to combine Kyiv's expertise with Europe's industrial capacity to boost production, European Commission president Ursula von der Leyen announced on Wednesday. Her visit comes as Russian strikes killed six people and wounded at least 20 across Ukraine, according to regional…

The Independent UK

Ukraine launches one of its biggest drone attacks on Russia and Crimea

The Russian Defense Ministry says it intercepted 660 Ukrainian drones overnight

Euronews

Russian drones hit two foreign-flagged civilian ships in the Black Sea, Ukraine says

Local air defences shot down 79 of 90 Russian drones from Thursday evening into Friday morning, per Ukraine's air force.

The Independent UK

Ukraine-Russia war latest: Kyiv denies attacking Zaporizhzhia nuclear plant with drone

Russian claims Ukrainian drone struck nuclear plant over weekend and damaged part of turbine hall wall

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