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BLACK SEA EXPORTS
War, weather push crop prices to biggest monthly gain Since 2012Crop prices saw their largest monthly jump in over a decade. Wheat prices reached a three-year high as Black Sea shipments were impacted. S...- Russia bombards 9 Ukrainian cities overnight, calling the strikes 'massive'Russia launched extensive missile and drone attacks across Ukraine overnight and into Thursday. These strikes targeted military facilities ...
- Indian refiners widen oil search as attacks hurt Russian flowsIndian refiners are reducing Russian crude imports amid Ukrainian attacks on supply routes. They are now seeking alternative oil supplies f...
- 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...
- Putin rejected shipping truce offer: ZelenskyyUkraine proposed a Black Sea grain corridor truce, but Russia rejected it. Moscow demanded guarantees against strikes on its energy infrast...
- Zelenskyy announces strikes on Russian infrastructure; holds high-level talks with allies on air defenceUkrainian forces struck a Russian refinery and logistics hub, impacting export revenues. President Zelenskyy also discussed air defense sys...
- Russian President Putin says Ukraine opened 'Pandora's box' with strikes on economic targetsRussian President Vladimir Putin warned Kyiv has "opened Pandora's box" with strikes on Russian economic targets, vowing to retaliate again...
- 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.
- Russian drones kill woman, 9-year-old son at home as Ukrainian civilian casualties surgeRussian drones killed a mother and son in northern Ukraine on Friday. July saw the deadliest month for Ukrainian civilians since the invasi...
- Russia dismisses Black Sea ceasefire, citing no grounds for 'half-measures' amid escalating attacksRussia dismissed a ceasefire proposal for the Black Sea, claiming no foundation for temporary measures. Moscow accused Ukraine of perpetrat...
- Ukraine offers Russia truce in Black Sea as food supply fears mount, source saysUkraine has proposed a halt to attacks on civilian targets in the Black Sea. This offer was transmitted via a third party, and Ukraine awai...
- 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...
- Ukraine halts strikes on tankers using Russian port at US request: ReportUkraine has halted drone attacks on oil tankers following a US request. This action came after concerns about market destabilization and ha...
- Ukraine’s ‘unique’ nighttime strike rattles Russia’s Black Sea baseUkrainian forces conducted a significant nighttime operation targeting a major Russian naval base. Drones and missiles struck air defenses,...
- 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 ...
- 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...
- 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...
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