Ukraine Recap: Russian Black Sea Port Resumes Work After Attack

Russia’s state-run oil pipeline operator said the Black Sea port of Novorossiysk had resumed operations after an overnight attack by naval drones led to a halt in traffic for several hours.

(Bloomberg) — Russia’s state-run oil pipeline operator said the Black Sea port of Novorossiysk had resumed operations after an overnight attack by naval drones led to a halt in traffic for several hours. 

Transneft PJSC said the hub suffered no damage and ships were moving again, according to the Tass news service. The Russian Defense Ministry earlier reported it had destroyed two drones in the attempted assault, while 10 unmanned aerial vehicles had been shot down and three more jammed in an attack on occupied Crimea. 

Ukraine started talks with the US on bilateral security commitments, President Volodymyr Zelenskiy’s office said in a statement. Kyiv said it expects these commitments to accelerate Ukraine’s progress in its efforts to join NATO and the European Union.

Latest Coverage

  • Wheat Gains as Russia Halts Novorossiysk Port Traffic on Attack
  • Blinken Accuses Russia of ‘Assault on the Global Food System’
  • Novorossiysk Grain Plant Continues Loadings, Interfax Says
  • Food Prices Pick Up as Trade Tensions, Extreme Weather Flare 

Markets

Wheat futures climbed as much as 3.5%, trimming a weekly loss, after the Novorossiysk port was temporarily closed to traffic. The Caspian Pipeline Consortium said oil loadings on moored tankers were continuing and there had been no damage to its infrastructure. 

Coming Up

  • Saudi Arabia to host talks on Ukraine over the weekend

 

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