Ukraine pounds naval base, grain terminals at Russia's Black Sea port of Novorossiysk

A major Ukrainian attack ‌on Russia's Black Sea port city of Novorossiysk hit warships at a naval base and forced two major grain terminals to halt operations on Wednesday, according to Russian and Ukrainian officials as well as grain industry sources. The Ukrainian attacks killed at least two people, including an 8-ye

Russia and Ukraine, which account for more than a quarter of global wheat exports, have stepped up attacks on Black Sea commercial ships and ports, raising concerns about supply.

A futures broker said, “If the fighting persists in the Black Sea with the logistical problems, then it will be pretty bullish for wheat.”

A "massive" Ukrainian drone and missile strike on Russia's port city of Novorossiysk has damaged grain export terminals and hit the last major Russian naval base on the Black Sea.

Grain exports from both Russia and Ukraine are falling as both countries attack each other's shipping facilities and ports.

Ukraine war latest: 4 Russian warships damaged in strike on Black Sea Fleet port in Novorossiysk  The Kyiv Independent

Putin threatened to seize European vessels from the Russian Black Sea to the Pacific as Ukraine's drone attack crippled Novorossiysk grain terminals.

Russian authorities declared an emergency after the attack ruptured two water pipelines, sparked fires and disrupted port operations. Ukraine reported hitting air defenses, naval piers and infrastructure at the Novorossiysk base.

One of Novorossiysk's largest grain terminals halted work on Wednesday, industry sources told Reuters.

UKRAINE boasted today of a “unique” overnight strike on the Russian Black Sea base of  Novorossiysk today, describing it as “the last major stronghold of the Russian fleet in the Black Sea.” President Volodymyr Zelensky said it hit air defences, piers and other port infrastructure. Russian authorities said the strikes

Ukraine’s repeated strikes on tankers in Novorossiysk had alarmed Washington, which feared they would further destabilize already strained oil markets, the Financial Times reported.

Three grain terminals in Russia’s Black Sea port of Novorossiysk were damaged in a massive overnight drone attack, as Ukraine escalated strikes on key maritime infrastructure.

Ukraine had agreed to stop targeting oil tankers using Novorossiysk port amid US concerns over the impact on oil markets

MOSCOW, Aug 12 - Two of Russia's biggest grain terminals at the southern port of Novorossiysk have suspended operations as a result of overnight Ukrainian drone strikes, four industry sources told Reuters on Wednesday.

Two grain terminals at Russia's Novorossiysk halt work after Ukrainian attack, sources say  Reuters