Ukraine Recap: Russia Warned on Trade Routes After Forced Check

Ukraine said a forced inspection by the Russian navy on a Turkish cargo vessel threatened shipping in the Black Sea.

(Bloomberg) — Ukraine said a forced inspection by the Russian navy on a Turkish cargo vessel threatened shipping in the Black Sea. 

“These actions exemplified Russia’s deliberate policy of endangering the freedom of navigation and safety of commercial shipping in the Black Sea,” Ukraine’s Foreign Ministry said in a statement. The Russian navy on Sunday opened fire on the dry-cargo vessel Sukru Okan, which was bound for the Ukrainian Danube port of Izmail, to force it to stop for checks. 

Ukrainian President Volodymyr Zelenskiy made an unannounced visit to troops near the Russian-occupied city of Soledar in Ukraine’s east, as officials in Kyiv cited some military gains in the south. Russia’s central bank meanwhile called an extraordinary meeting Tuesday after the ruble crashed through the level of 100 to the dollar for the first time since March of last year as Russia’s war in Ukraine drags on and international sanctions hit trade.   

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Markets 

After breaching the 100 rubles to the dollar, the Russian currency erased losses and advanced against the greenback in Moscow trading. 

Coming Up 

  • Russia opens its 7-day Army-2023 expo near Moscow

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