Russian forces struck three more cargo vessels in the Black Sea on Wednesday. This escalation has forced up global wheat prices significantly. The Black Sea now threatens to become a strategic trade chokepoint. Russia and Ukraine have stepped up attacks on each other's shipping. This ongoing conflict impacts international trade routes and commodity prices.

Russia's Transportation Ministry said Monday that it was stepping up protection of ships in the Azov-Black Sea basin while also developing alternative cargo routes, in a move that…

Russia said on Monday it was stepping up protection of ships in the Azov-Black Sea basin while also developing alternative cargo routes, in a move that

Russian forces struck three more cargo vessels in the Black Sea on Wednesday. This escalation has forced up global wheat prices significantly. The Black Sea now threatens to…

Attacks on Black Sea shipping routes are disrupting global grain and oil supplies. Ukraine and Russia have intensified strikes on each other's export facilities and vessels. …