The FSB confirmed that border guards have stopped processing passage requests through the Kerch Strait, effectively severing the primary maritime link between the Sea of Azov and the Black Sea. While the duration of the blockade remains unstated, the move strikes directly at the infrastructure supporting both Russian and Ukrainian agricultural outflows. Traders reacted instantly to the news, driving grain prices higher as the uncertainty surrounding one of the world's most significant shipping corridors intensifies.
Russia Suspends Azov Sea Shipping After Naval Attack
A 4% surge in Euronext wheat prices followed Russia’s decision to shutter the Don-Azov Channel to all transit. This abrupt halt, triggered by a Ukrainian strike on vessels in the Sea of Azov, chokes a vital artery for global grain exports and signals a deepening volatility in Black Sea logistics.
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