Deadly escalation in Black Sea attacks prompts fears of even higher food prices

Russian and Ukrainian strikes in July killed more crew than in whole war to that month, preventing grain exports A summer of hostilities in the Black Sea proved deadly for seafarers, as Russia and Ukraine attacked each other’s ships and port infrastructure, preventing vital grain exports and prompting concerns that the conflict will push global food prices even higher. More crew were killed in the Black Sea in July than during the entirety of the war before that month as the conflict has intensified , making the body of water the most dangerous in the world for commercial shipping.

This is despite the conflict between the US and Iran, with vessels still being targeted in the strait of Hormuz , Red Sea and Gulf of Aden. Continue reading...