Russia Hits Odesa Again As Black Sea Shipping Disrupted
Russia launched a large airstrike on Odesa and the surrounding region, using sea-launched cruise missiles, ballistic missiles and 129 drones across Ukraine, according to Ukraine's General Staff. Ukraine's air defenses shot down or suppressed 110 aerial targets, and at least 17 people were injured, said Serhiy Lysak, head of the Odesa military administration. Russia and Ukraine have increased attacks on vessels and port facilities in the Black Sea over the past two months, constraining shipments of commodities including wheat, oil, fertilizers and coal.
Why it matters: The disruption of Black Sea shipping affects global commodity flows, a key concern for the briefing's trade theme.