Black Sea

The stoppages, which are temporary and precautionary, apply to the Caspian Pipeline Consortium terminal and the Sheskharis facility, both of which are near Novorossiysk.

Russia-Ukraine Black Sea Agreement: A Real Breakthrough or Just Another Temporary Truce? | N18G

Russia and the U.S. have struck a high-stakes deal on maritime security in the Black Sea. In exchange for lifting restrictions on Russian food and fertilizer exports, Moscow has agreed to safe navigation, a halt on energy strikes, and security measures. But is this a step toward peace talks, or just a strategic pause in the war?

US says Russia and Ukraine agree on safety of shipping in Black Sea

The agreements, if implemented, would represent the clearest progress yet towards a wider ceasefire that Washington sees a stepping stone towards peace talks to bring an end to Russia's three-year-old war in Ukraine.

Russian missile attack seriously damages historic centre of Ukraine's Odesa

President Volodymyr Zelenskyy said the attack was "a deliberate strike" that underscored again the need to strengthen Ukraine's air defences.

Putin says more needs to be done to clean up Black Sea oil spill

The oil leaked from two ageing tankers after they were hit by a storm on Dec. 15 in the Kerch Strait. One sank and the other ran aground.

Black sea grain deal: Turkey’s Erdogan meets Russia’s Putin to discuss restoring crucial grain deal

Russian President Putin welcomed Turkish President Tayyip Erdogan for talks as both countries are discussing the black sea grain deal. This grain deal is an agreement that helped get Ukraine's grain to market and thus ease a global food crisis. Moscow abandoned the grain deal talks earlier in July. Turkey's President Tayyip Erdogan said he thought it would soon be possible to revive the stalled Black Sea grain deal that helped get Ukrainian grain to world markets, after talks with Russian President Vladimir Putin. Watch!

Russia promises retaliation after Ukrainian drones hit Russian tanker in 2nd sea attack in a day

Moscow promised retaliation on Saturday after Ukrainian drones hit a Russian tanker in the Black Sea near Crimea late on Friday, the second.

What Russia’s grain deal actions mean for Ukraine

Russia’s Ministry of Defense issued a warning to ship operators and other nations Wednesday suggesting that any attempt to bypass the blockade might be seen as an act of war.

Ukraine says Russia has effectively stopped Black Sea grain deal

Ukrainian Black Sea ports were blockaded after Russia's invasion last year, but access to three of them was cleared last July under a deal between Moscow and Kyiv that was brokered by the United Nations and Turkey.

Ukraine and U.N. chief call for Black Sea grain deal extension

President Volodymyr Zelenskiy said after talks with Guterres in Kyiv that the Black Sea Grain Initiative was necessary for the world. Guterres underlined the importance of the deal to global food security and food prices.

UN Secretary General Antonio Guterres hails extension of Ukraine export grain deal

UN Secretary General Antonio Guterres on Thursday welcomed the extension of an agreement allowing Ukraine to export grain.

India hopes UN-facilitated Black Sea grain and fertilizer package deal will be renewed soon

The UN-brokered deal expires on November 19. The agreement on July 22 allowed grain shipments to resume from certain Ukrainian ports on the Black Sea, leading to some 10 million tonnes in shipments and helping to reduce international prices.

Russia rejoins grain deal after saying it received security guarantees

The Russian Defense Ministry said it had received written guarantees from Ukraine that the waters and ports used by the grain ships would not be used “for military operations against the Russian Federation.”

Ships sail from Ukraine despite Russia suspending grain deal

The U.N. said three ships carrying 84,490 metric tons of corn, wheat and sunflower meal left through a humanitarian sea corridor set up in July.

Grain market braces for price flurry as Black Sea corridor in doubt

Moscow suspended its participation in the Black Sea deal on Saturday, in response to what it called a major Ukrainian drone attack on its fleet in Russian-annexed Crimea.

Ukraine says Russia has no grounds to review Black Sea grain deal

Mykhailo Podolyak, an adviser to Ukrainian President Volodymyr Zelenskiy, made the comments to Reuters after Russian President Vladimir Putin said he would discuss amending the deal to limit the countries that can receive cargo shipments.

Ukraine calls for Black Sea grain deal to extend to other products

"This agreement is about logistics, about the movement of vessels through the Black Sea," Ukraine's Deputy Economy Minister Taras Kachka told FT. "What's the difference between grain and iron ore?"

As Black Sea supplies fall, India sells record 1.4 million tonnes wheat in April

April is the first month of the fiscal year. India, the world's second biggest wheat producer, exported a record 7 million tonnes of the grain in fiscal 2021-22.

Russia says flagship of Black Sea fleet badly damaged by blast

The incident on the Moskva missile cruiser occurred after ammunition on board blew up, Interfax news agency quoted the Russian defence ministry as saying.

Vladimir Putin: US and Britain both behind Black Sea "provocation"

The episode was the latest to raise tensions between Russia and the West since Russia's annexation of Ukraine’s Crimean Peninsula in 2014, a move not recognized by most countries but one that gives it access to a long Black Sea coast.

Russia fires warning shots at British ship in Black Sea

The HMS Defender "was given a preliminary warning that weapons would be used if the state borders of the Russian Federation were violated. It did not react to the warning," the ministry said as quoted by the Interfax news agency.

Russian military plane with 91 aboard missing over Black Sea

The ministry said the plane was carrying the famous Alexandrov military band for a concert at the Russian air base in Syria.

Govt considers raising import taxes on vegetable oils

"We are considering an increase in the import tax but it is not going to happen immediately because the official process will take some more time," said another government official directly involved in the decision making process.

Factbox: What is Crimea and why does it matter?

Crimea accounts for 3 percent of Ukraine's GDP, with 60 percent of its own output made up by services. The land is intensely farmed, with wheat, corn and sunflowers as main crops.

Gold price may rise to $1,400/oz near term, says SocGen

Geopolitical tensions in Ukraine have resulted in analysts talking about its impact on gold prices. Mark Keenan, Head of Commodities Research - Asia, Societe Generale continues to remain bearish on gold in the long-term. But near term, it could head to USD 1,400/oz, he says.