Reuters: Russia halts shipping through Don-Azov Canal after Ukrainian attack

Roman Petrenko — 11 July, 10:07
Reuters: Russia halts shipping through Don-Azov Canal after Ukrainian attack
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Russia has suspended navigation through the Don-Azov Canal, which connects the Don River with the Sea of Azov, following a Ukrainian attack on 13 Russian vessels.

Source: Reuters, citing three sources in Russia's grain export industry

Details: The decision was reportedly taken after Ukraine attacked 13 Russian vessels in the Sea of Azov on 10 July, including 10 tankers.

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Market analysts note that up to a quarter of Russia's wheat exports – the country being the world's largest exporter of this grain – pass through the Sea of Azov.

One source said that Russian border guards informed shipping companies of the suspension of all applications for passage through the Kerch Strait, which connects the Sea of Azov with the Black Sea, from 18:10 local time on 10 July.

The notice did not specify when the restrictions would be lifted.

On 10 July, wheat futures on the Euronext exchange rose by 4%, reaching a six-week high, amid rumours of a possible halt to shipping through the Sea of Azov, the agency added.

Background: OSINT analysts from CyberBoroshno published an analysis of strikes on Russian oil infrastructure on the night of 9-10 July, reporting hits on "shadow fleet" vessels, ports and an oil refinery.

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