Global

Russia Bombards Ukraine Ports and Threatens Ships, Jolting World Grain Markets

Russia struck residential buildings on Thursday in a third straight night of bombardments of Ukrainian ports and issued a new threat against Ukraine-bound vessels that the United States said meant Moscow might attack ships on the high seas.

Days after Russia abandoned a U.N.-brokered deal to let Ukraine export grain, new signals that Moscow was willing to use force to reimpose its blockade of one of the world’s biggest food exporters set global prices soaring.

Moscow says it will not participate in the year-old grain deal without better terms for its own food and fertiliser sales. The United Nations says Russia’s decision threatens the food security of the world’s poorest people.

Kyiv is hoping to resume exports without Russia’s participation, and said on Wednesday it was setting up an alternative route via the waters of its NATO-member neighbour Romania.

But no ships have sailed from Ukrainian ports since Moscow pulled out of the deal on Monday, and insurers have had doubts about whether they will be able to underwrite policies for trade in a war zone.

Since quitting the deal, Moscow has rained missiles down nightly on Ukraine’s two biggest port cities, Odesa and Mykolaiv. Thursday’s strikes appeared to be the worst yet, with local authorities in Mykolaiv reporting at least 19 people wounded.

Firefighters were battling a huge blaze at a pink stucco residential building in Mykolaiv, blasted into a ruin. Several other residential buildings there were also damaged.

Officials also said at least two people were injured in attacks in Odesa, where buildings were on fire.

In its most explicit threat yet, Russia’s military announced it would deem all ships heading for Ukrainian waters from Thursday morning to be potentially carrying weapons, and their flag countries as parties to the war on the Ukrainian side. It said it was declaring parts of the Black Sea to be unsafe.

Washington called this a signal that Moscow might attack civilian shipping, and said Russia was also releasing new mines into the sea.

“We believe that this is a coordinated effort to justify any attacks against civilian ships in the Black Sea and lay blame on Ukraine for these attacks,” White House National Security Council spokesperson Adam Hodge said.

U.S. wheat futures were up an additional 1.5% in the early hours of Thursday after jumping 8.5% on Wednesday, their fastest single-day rise since the initial days of Russia’s invasion in February last year.

Both Ukraine and Russia are among the world’s biggest exporters of grain and other foodstuffs. The United Nations says withdrawing tens of millions of tonnes of Ukrainian grain from the market would cause worldwide shortages.

Russia shut Ukraine’s ports last year in the early months after its invasion, but allowed them to reopen a year ago under the grain deal, with Turkey and the United Nations supervising inspections of vessels with Russian participation.

A parallel deal offered guarantees for Russia’s own food and fertiliser exports. Moscow says this has not been fully implemented. Western countries say Russia has had no difficulty selling its food, which is exempt from financial sanctions, and is trying to use its leverage to force other concessions.

In comments on Wednesday, Russian President Vladimir Putin accused the west of “perverting” the grain deal, while repeating a Russian offer to return to it if its demands are met.

Ukraine’s President Volodymyr Zelenskiy said in his nightly television address that Russia’s attacks on Ukraine’s ports proved that “their target is not only Ukraine, and not only the lives of our people”.

The ports hit that day held about a million tonnes of grain, he said.

“It is precisely that amount that should already have been delivered to consumer countries in Africa and Asia,” he said, adding that a terminal damaged on Wednesday held 60,000 tonnes of agricultural exports intended for shipment to China.

The escalation in the Black Sea comes as Ukrainian officials report a new attempt by Russia to return to the offensive on the ground this week in the northeast of Ukraine, where Kyiv says Moscow has massed 100,000 troops and hundreds of tanks.

Since last month, Ukrainian forces have been on the march in the east and the south, recapturing small amounts of territory in their first big counteroffensive since last year boosted by billions of dollars worth of new Western arms.

But the going has been slow so far, with the Ukrainians yet to reach Russia’s main defensive lines in occupied territory

Follow us on:

AriseNews

View Comments

  • E-AUCTIONE-AUCTIONE-AUCTIONE-AUCTIONE-AUCTIONO7O 4540 6674 }CAR FEATURES AND PRICES BELOW
    GOLF , 2, 3,4 ,.300,000 to 500,000

    Toyota Camry Big==#550, 000Daddy==N750,000.

    Toyota Camry Tiny-Light==
    N500,000

    Toyota Avenza ==N1.3. To N3. million

    Toyota Hilux==950,000 to N 2.5 million

    Toyota Avensis==N650,000.

    Toyota Camry Muscle==N 900,000. & Spider==N950,000.

    Avalon==N670,000.

    Rav4 SUV==800,000 to N1.million

    Toyota Sienna==N850,000.

    PATHFINDER 900,000

    Toyota 4Runner==850,000 to N1.3million

    Tundra==950,000 to N3.8. Million

    picnic==N650,000.

    Toyota Highlander==850,000 to
    N3. 5m
    Corolla==N500,000.

    Prado==N1.m To 1.7 million

    Toyota LandCruisser==N850,000. to 2mill

    Toyota Yaris==N650.000.

    Toyota Matrix==N700,000.

    Toyota Haice Bus==N 950,000 to 1.2mill

    MDX ==N1.5
    TIPPER head 6m

    M
    ZDX==N1.7
    DYNA TRUCK 900,000
    Honda Pilot==N950,000

    Crosstour 850,000

    CR-V 500,000 to 900,000

    Benz ML350 900,000

    Accord 500,000

    EOD 550,000

    Rx300==N800,000. To N1.1 Million

    Range Rover evogue 3.0mill

    GX460 ===2M

    Benz ===900,000 to 3million

    Rx330==N950,000 To N1.8 Million

    ES330 900,000 to 3million

    Tacoma ===950,000 to 3mill

    Benz C-Class ===950,000 to 3m

    GLK ==1.5m to 3mill

    Range Rover Sport 2010 3mil

    Range Rover 2.8mil

    IS250==900,000 to 2milli

    Rx350==N900,000 To N2.3 Million

    TUNDRA ===950,000 to 2m

    Gx470 ===1,300,000. to 3m

    IS350 950,000 to 3mill

    ES350 ==950,000 to 2mill
    O7O 4540 6674 }
    Rx470==N2.m AII070_4540_6674〽

Recent Posts

Trump Nominates Pam Bondi as Attorney General After Gaetz Withdraws

Pam Bondi, former Florida attorney general and Trump ally, has been nominated as US attorney…

56 mins ago

Canadian Town Council Faces Deadlock As Newly Elected Mayor, Officials Refuse To Pledge Allegiance to King Charles III

Canada’s Dawson City’s newly elected council has stalled governance, rejecting oath to King Charles in…

1 hour ago

Suspected APC Thugs Attack PDP Secretariat In Edo, Destroy, Steal Properties Worth Millions

Edo PDP has accused the APC of orchestrating an attack on party secretariat, destroying and…

1 hour ago

Nigeria Partners With IOM On Revised Migration Policy, Reveals 6.1 Million Nigerians Displaced Amidst Insecurity

The FG has partnered with IOM, announced a strategy to review migration policy and address…

1 hour ago

Dangote Group Took Up The Challenge, Built A Refinery When Shell, Chevron, Other IOCs Couldn’t, Says Dangote VP Devakumar Edwin

Dangote Group’s Edwin Devakumar has said that by building the refinery, Dangote did what IOCs…

1 hour ago

House Deputy Speaker Kalu Says Governors Receptive To Proposed Constitution Amendments

Benjamin Kalu has revealed that Nigerian governors are supportive, committed to reviewing the 161 proposed…

2 hours ago