
Turkey has begun restricting commercial ship traffic into the Black Sea after a surge in Russian and Ukrainian attacks on vessels, including Turkish-owned ones. The Directorate General of Coastal Safety told ships…
Turkey has begun restricting commercial ship traffic into the Black Sea after a surge in Russian and Ukrainian attacks on vessels, including Turkish-owned ones. The Directorate General of Coastal Safety told ships bound for Russia's Novorossiysk, a key oil and grain export hub, that it is not issuing transit permits through the Dardanelles Strait, or needs more time to review applications. Some vessels have been told the restriction also applies to ships heading to Ukraine. Authorities have given no official explanation. The move adds to global trade disruption as oil flows are already hit by the Iran war and reduced Strait of Hormuz traffic.
Some will spin this as Ankara tilting toward Moscow, others as a neutral safety measure. The truth is Turkey faces a real threat after drone strikes on its own vessels. But the restriction on both Russian and Ukraine-bound ships suggests a pragmatic bid to keep out of the war zone, not a political favour. The real test: how long the halt lasts and whether it pushes up grain and oil prices further. Watch the number of permits denied over the next fortnight.
Source: livemint.com
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