By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AmextaFinanceAmextaFinance
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
AmextaFinanceAmextaFinance
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
AmextaFinance > News > Russia launches drone strike on Odesa port and grain silos
News

Russia launches drone strike on Odesa port and grain silos

News Room
Last updated: 2023/08/02 at 5:12 AM
By News Room
Share
4 Min Read
SHARE

Receive free War in Ukraine updates

We’ll send you a myFT Daily Digest email rounding up the latest War in Ukraine news every morning.

Russia attacked targets across Ukraine with drones before sunrise on Wednesday, hitting a critical river port facility and a grain silo in the southern Odesa region and raising further concerns over global food supplies.

Ukraine’s air defence forces “worked nonstop for almost three hours” to protect the Odesa region, the country’s Operational Command South wrote on Telegram. The region’s governor Oleh Kiper said fires had broken out at the port and emergency workers were rushing to put them out.

Videos and photos posted by Odesa authorities and local media showed flames and massive damage to the port of Izmail, which lies on the Danube river across from Romania, a Nato member and EU country.

“Russian terrorists again attacked ports, grain and global food security. The world must respond,” Ukraine’s president Volodymyr Zelenskyy said. There were no casualties, he said, but the drones caused “significant damage”.

Ukraine’s air force had earlier said a swarm of Iranian-supplied Shahed drones were seen heading towards Izmail, which, along with the nearby port of Reni, has become more important after attacks on the Black Sea and Sea of Azov ports.

Russia has repeatedly targeted ports in the Odesa region since backing out of the UN-brokered Black Sea Initiative, which allowed Ukraine to export its grain. “When civilian ports are targeted, when terrorists deliberately destroy even elevators, this is a threat to everyone on all continents,” Zelenskyy said on Wednesday. “Russia can and must be stopped.”

In Kyiv, a Financial Times correspondent heard the buzzing of the attack drones, followed by the blasts of Ukrainian air defence missiles and smaller arms fire as troops shot them down.

More than 10 drones targeting the Ukrainian capital were downed, according to the military. Mayor Vitali Klitschko said debris fell over the Solomyansky, Svyatoshynskyi and Holosiivskyi districts of the capital, and non-residential premises were damaged.

The Russian attack on Ukraine’s capital followed drone attacks on Moscow on Sunday and Tuesday. Kyiv did not take responsibility for the attacks, in line with its policy of neither confirming nor denying strikes on Russian territory. But the Kremlin blamed Ukraine for the attacks, which targeted a skyscraper housing several government ministries.

The impact of Russia’s latest attack on Ukrainian port and grain facilities was immediately clear on global markets. Wheat traded in Chicago jumped 4 per cent on Wednesday amid heightened concerns over global food supplies. Maize prices climbed more than 2 per cent, while soyabean oil prices rose 0.3 per cent.

Russian and Ukraine are two of the world’s biggest exporters of grain. Moscow’s attacks, and its scrapping of the UN-brokered deal last month, have pushed prices higher.

Read the full article here

News Room August 2, 2023 August 2, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Why Americans are obsessed with denim

Watch full video on YouTube

The biggest investing risk? Not investing!

Watch full video on YouTube

We Went To Intel’s Arizona Chip Fab To See If It Can Regain Its Edge

Watch full video on YouTube

Investors await Nvidia earnings this week, bitcoin erases 2025 gains

Watch full video on YouTube

VGT: An Efficient ETF To Capture The Growth Of AI

This article was written byFollowFinancial analyst by day and a seasoned investor…

- Advertisement -
Ad imageAd image

You Might Also Like

News

VGT: An Efficient ETF To Capture The Growth Of AI

By News Room
News

US inflation unexpectedly falls to 2.7%

By News Room
News

Zelenskyy to confront De Wever in stand-off over Russian assets loan

By News Room
News

BP replaces CEO Murray Auchincloss after less than two years in the role

By News Room
News

Why Palantir’s Stock Price Ignores Every Rule Of Valuation (NASDAQ:PLTR)

By News Room
News

US defence act passes in rebuke to Trump administration’s stance on Europe

By News Room
News

Waymo in talks to raise funds at $100bn valuation

By News Room
News

Wall Street rainmakers scrap for windfall from Warner Bros deal

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

YOUR EMAIL HAS BEEN CONFIRMED.
THANK YOU!

Welcome Back!

Sign in to your account

Lost your password?