Ukraine Drone Strike Halts Russian Grain and Oil Exports

Ukraine Drone Strike Halts Russian Grain and Oil Exports

Ukraine Drone Strike Halts , Russian Grain and Oil Exports.br Insider reports that a Ukrainian drone br strike near the port of Novorossiysk forced a key br Russian export hub to temporarily halt traffic.br Insider reports that a Ukrainian drone br strike near the port of Novorossiysk forced a key br Russian export hub to temporarily halt traffic.br While Kyiv did not officially take responsibility for the br attack, sources told the 'Financial Times' that the Ukrainian br navy assisted security forces in carrying out the attack.br Novorossiyk houses a Russian naval base and br exports approximately 600,000 barrels of oil a day. .br Following news of the attack, wheat futures jumped br up 3.5, while Brent crude futures rose 0.6.br Insider reports that the news br comes after a series of Russian attacks br on Ukraine's grain export infrastructure. .br Moscow is waging a battle br for a global catastrophe. , Volodymyr Zelensky, Ukrainian President, via Market Insider.br In their madness, br they need world food markets br to collapse, they need a price crisis,br they need disruptions in supplies, Volodymyr Zelensky, Ukrainian President, via Market Insider.br In their madness, br they need world food markets br to collapse, they need a price crisis,br they need disruptions in supplies, Volodymyr Zelensky, Ukrainian President, via Market Insider.br The attacks come after Russia refused to honor br a key grain deal with Ukraine that allowed for br the safe passage of 33 million tons of crops.br The attacks come after Russia refused to honor br a key grain deal with Ukraine that allowed for br the safe passage of 33 million tons of crops.br Insider reports that Ukraine's ability to carry out drone br strikes presents a new threat to Russia's commodity br exports, already impeded by price caps and sanctions.


User: Wibbitz Top Stories

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Uploaded: 2023-08-04

Duration: 01:39