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HomeNewsWhat to Know About Novorossiysk, the Russian Port Attacked by Ukraine Acquire...

What to Know About Novorossiysk, the Russian Port Attacked by Ukraine Acquire US

The Ukrainian drone assault on Friday on a Russian warship in Novorossiysk served as one other blow for the Russian Navy, which operates a key base within the Black Sea port metropolis.

It additionally signaled that Moscow’s economic system is ever extra squarely in Ukraine’s cross hairs, bringing the warfare to one in every of Russia’s most important business ports.

Here’s a have a look at the port and its significance for Moscow:

The Novorossiysk business seaport is one in every of Russia’s largest by quantity and among the many largest in Europe — a key node within the export of Russian grain, oil, and different merchandise to nations world wide.

It has been a hub of worldwide commerce for Russia for the reason that nineteenth century and the town was additionally the location of the primary Pepsi manufacturing unit in Russia, opened within the Soviet Union within the early Seventies throughout the Chilly Battle détente.

Earlier than his unlawful annexation of Crimea in 2014, President Vladimir V. Putin of Russia allotted important sources to the development of the naval base at Novorossiysk, turning the port into one of many nation’s important naval hubs for the Black Sea. On the identical day that the port was hit, a drone assault additionally focused Feodosia, a Russian-controlled port in Crimea.

The port is a big export hub for grain, given its proximity to Russia’s largest grain-producing areas and its location on the Black Sea, which permits for simple exports to Africa, Asia and South America, along with Europe.

At a summit with African leaders final week in St. Petersburg, Russia, Mr. Putin promised free grain to plenty of African nations — grain that seemingly can be exported from Russia by way of Novorossiysk.

The assault, and the next pause in maritime visitors on the port, prompted wheat futures to rise on Friday, a sign of Novorossiysk’s significance to the worldwide grain commerce. Russia is the world’s largest wheat exporter.

The Caspian Pipeline Consortium, which operates an oil terminal at Novorossiysk, mentioned the assault induced a brief halt on the motion of ships within the port. It was unclear whether or not any oil export infrastructure was broken within the assault.

If strikes proceed across the port — whose business operator is underneath European Union sanctions — the end result could possibly be important financial disruption for Russia.

The assault on Friday could possibly be “a robust shock to the Russian economic system,” the Russian pro-government Telegram channel Readovka Explains posted on Friday, calling for an “instant response” by Moscow.

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