Russia suspends navigation through Don-Azov Canal
Russia has suspended navigation through the Don-Azov Canal after a reported Ukrainian attack on 13 Russian vessels in the Sea of Azov, including 10 tankers on 10 July, Reuters said, citing three sources in Russia's grain export industry. Applications for passage through the Kerch Strait were reportedly suspended from 18:10 local time on 10 July, and the notice did not specify when restrictions would end. Market analysts warn that up to a quarter of Russia's wheat exports use the Sea of Azov, and Euronext wheat futures rose about 4% to a six-week high.
Russia halted Don-Azov navigation after attacks on 13 vessels.
Context
Ukraine reportedly struck 13 Russian vessels on 10 July. Russia then halted navigation through the Don-Azov Canal and blocked Kerch Strait applications. That could delay shipping and affect wheat flows until authorities lift the…
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