17 Hrs
Source:
عربية – DW
Russia's Economic Losses from Black Sea Attacks
Russia is facing significant disruptions in its oil and grain supplies through the Novorossiysk port on the Black Sea due to increasing Ukrainian attacks, primarily via drone strikes. Many grain export facilities, including major complexes, have come to a halt, threatening Russia’s agricultural exports—which heavily rely on the port, one of Europe's largest. These attacks have also caused a sharp decline in oil exports, with a 30% reduction in supply volume over two weeks, making it more difficult to ensure safe passage across the Black Sea. The impact on Russia’s exports, particularly of grains and oil, is among the primary consequences of these attacks, with expectations that it will be challenging to compensate for the losses and that transportation costs for alternative routes will rise.
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