Ukraine Strikes Novorossiysk Naval Base, Grain Terminals Amid Ongoing Conflict

A major Ukrainian attack on Russia's Black Sea port city of Novorossiysk has caused significant damage, killing at least two people and forcing grain terminals to halt operations. The strikes targeted warships at a naval base and hit multiple vessels, including two frigates and a large landing ship.

The Ukrainian attacks, which involved drones and missiles, also damaged four enterprises, over two dozen residential buildings, and some educational facilities, according to Novorossiysk Mayor Andrei Kravchenko. The strikes raised fears of a disruption to global wheat supplies, with Chicago wheat futures rising around 3% after the attack.

Russia's agriculture ministry said it was working to redirect export flows to alternative routes, while Ukraine and Moldova agreed on a plan for routing Ukrainian grain shipments through Moldova by rail. The strikes are part of an ongoing conflict between Russia and Ukraine, which has been ongoing since February 2022.