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BLACK SEA DISRUPTION
Russia-Ukraine war likely to raise import price of sunflower oil, yellow peasThe escalation of the Russia-Ukraine war could raise India’s import costs for sunflower oil and yellow peas, as attacks and shipping disrup...- India lifts export ban on wheat flour, related products with immediate effectThe Central Government has lifted the export ban on wheat flour and related products. This policy amendment allows for immediate overseas s...
- Europe's rivers run dry, and history resurfaces: Century-old shipwreck emerges in Serbia's droughtExtreme heat and drought are causing European rivers to recede. A steam tugboat from the early 1900s has emerged from the Sava River. This ...
- When a tropical cyclone hit Florida’s Gulf coast in July 2026, sea turtles weren’t the only victims: The world’s smallest tern was raising young on Pensacola beach when seawater inundated its nesting groundsDuring the nesting season, coastal birds like Least Terns and Black Skimmers are at high risk from tropical cyclones. These birds nest dire...
- India set for record soyoil imports as Russia-Ukraine war disrupts sunflower shipmentsIndia's soyoil imports are expected to reach a record 620,000 metric tons in August, about 46% above the current marketing year's monthly a...
- Oil inches toward $90 on tanker attacks, lack of progress in Iran war peace dealCrude oil futures experienced an upward trend on Friday due to disruptions from tanker attacks and the stagnation of peace talks. Brent cru...
- Crop buyers cut off from Black Sea are turning to other originsThe region is one of the world’s top suppliers of grain and sunflower oil, much of which heads to Asia, Africa and the rest of Europe.
- Global oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA saysGlobal oil supply will fall by 4.3 million barrels daily this year. Renewed Middle East hostilities are disrupting supplies and deepening t...
- Casino, spa, theatre and ‘aquatic disco’: What is inside Putin’s controversial Black Sea palace attacked by Ukrainian dronesPutin's Palace, an opulent estate along the Black Sea, has once again captured public attention. Ukrainian forces have targeted an air-defe...
- Russia's oil exports to Asia via Arctic route start strongly, sources say and data showsRussia is shipping crude oil via its Arctic route faster than last year. Seven cargoes carrying six million barrels are already heading to ...
- Decades of farm gains, inventories strengthen food system against 'super' El NinoNear-record food inventories, improved farming technology and stronger exporters such as Brazil and Russia are expected to cushion the glob...
- Russia explores rail link to India to bypass maritime chokepointsRussia is exploring a rail link to India through Central Asia and Iran as an alternative to maritime routes vulnerable to disruptions at th...
- Turkey restricts some Black Sea ship traffic amid security concernsTurkey is restricting some commercial vessel traffic into the Black Sea amid rising Russian and Ukrainian attacks on merchant ships, Bloomb...
- World food prices hit 3-year high in July as weather and war weigh, FAO saysA 3.4% month-on-month rise in the FAO's Cereal Price Index drove the trend, fuelled in turn by a 5.8% jump in wheat prices, the agency sai...
- Russia's oil output rises in July on firm exports, refinery run recovery, sources sayRussia's crude and condensate output rose in July, exceeding nine million barrels daily. Strong oil exports and refinery recovery supported...
- In 1831, a volcano raised a new island from the Mediterranean; four powers rushed to claim it, but the sea erased it before anyone could winThe year 1831 saw the emergence of a fleeting island in the Mediterranean, catching the attention of four competing nations. While the isla...
- Surge in Black Sea attacks adds to strain on global commodity flowsAttacks on Black Sea shipping routes are disrupting global grain and oil supplies. Ukraine and Russia have intensified strikes on each othe...
- Global Market: Goldman Sachs sees Brent crude trading at $80-$90 until Iran conflict outlook clearsGoldman Sachs forecasts Brent crude prices between $80 and $90 per barrel. This range persists until clarity emerges on US-Iran nuclear tal...
- Russia's western oil exports to rise 4% in August on refinery disruptionsRussian oil shipments from western ports are set to increase by four percent in August. This rise is driven by domestic refinery attacks an...
- India seeks sunflower oil alternatives on Black Sea disruptionsIndia is rushing to secure alternative edible oil supplies as Black Sea attacks disrupt sunflower oil shipments from Russia and Ukraine, ca...
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