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September 17, 2026
Analysts said that Iran has begun to reroute its imports of Russian wheat to the Caspian Sea, as shipments via the Black Sea are halted due to?Ukrainian drone attacks and the 'Strait of Hormuz' is 'closed. Iran is the largest buyer of Russian wheat.
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September 17, 2026
Farmers in the United States have begun harvesting a second bumper corn crop. This apparent abundance of corn in the world's top exporter hides a much less rosy picture for global grain supply. In 2026/27, global corn consumption will exceed production by 30 million metric tonnes. According to U.S.
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September 16, 2026
According to calculations based upon data from two traders, prices for Russia's flagship Urals oil at its western port jumped above $110 per barrel Tuesday, reaching their highest level since April 2026. The?budget revenues of Russia are being boosted by higher?oil and gas prices…
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September 15, 2026
A truce on energy infrastructure that U.S. president Donald Trump brokered could reduce the immediate threat to the global diesel market. But it's unlikely to reverse this year's severe supply crunch. The Republican President said on Monday…
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September 14, 2026
On Monday, the Polish defence minister said that the military had retrieved what appeared to be a Russian drone floating in the Baltic Sea off the coast of northern Poland. Drone incursions have been reported in countries on NATO's eastern flank…
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September 11, 2026
According to industry sources, Russia's seaborne grains exports in August fell by 61.9% year-on-year to 2.0 metric tons. This was primarily due to a drop in shipments through the Azov - Black - Sea basin. In recent weeks, Russia and Ukraine have intensified their attacks on each others' shipping.
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September 10, 2026
Expana increased its outlook for European Union soft-wheat exports in this?season, as reduced Black Sea shipments changed demand towards?the bloc. However, it cut its EU maize forecast to a '34-year-low after late-season heat and drought damaged crops.
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September 10, 2026
NATO allies caught Russian submarines in the Arctic waters, near Svalbard Archipelago, this spring training to use a secret weapon that disables critical cables undersea without leaving fingerprints. Two Western officials described the clandestine…
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September 10, 2026
Telegram reported that eight people were injured by sea drones in the popular resort at the Black Sea, Sochi. The post stated that the beach infrastructure in Sochi had been damaged to a certain extent. The official residence of Russian President Vladimir Putin is located in Sochi.
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September 4, 2026
According to a draft government resolution seen by. In July, the country implemented a partial six-month ban on wheat imports. There were a few exceptions to the rule, such as rail shipments that are destined for poultry farms and grain-processing businesses…
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September 4, 2026
Igor Sechin said that China, and not OPEC, had stabilized the global oil market by reducing crude exports by 5.5 millions barrels per day in this year. Sechin, the Russian energy manager who is a close ally of President Vladimir Putin and the most influential in Russia…
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September 2, 2026
According to trade data reviewed by, European gasoline refinery profits surpassed $62 per barrel on Wednesday. Fuel supplies are being squeezed due to conflicts in the Middle East, Ukraine and elsewhere. Eurobob E5 barges of physical gasoline were trading at a price premium of approximately $62…
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September 2, 2026
Tayyip Erdogan, the Turkish President, said that a permanent mechanism is needed to ensure the safety of maritime commercial?transports in the 'Black Sea' before the grain -crisis escalates. Hakan Fidan, the Turkish Foreign Minister, said earlier…
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September 2, 2026
One of Russia's largest oil refineries, Surgutneftegaz's Kirishinefteorgsintez, or KINEF, has halted ?crude processing after a drone attack ?on August 30 damaged processing units, two industry sources told ?. Alexander Drozdenko said that a…
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September 1, 2026
Alexander Grushko, deputy foreign minister, told reporters that Russia does not see any grounds for the Black Sea grain agreement to be resumed, as Russia and Ukraine continue to attack each other's grain export facilities. The United Nations…
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September 1, 2026
Business and government have long sought to maximize efficiency. The pandemic, the trade wars, and the armed conflict have called this into question. They've also highlighted the importance of resilience. But this comes at a price, one that many elected officials are not willing to pay.
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August 28, 2026
According to the Sovecon consulting firm, domestic grain prices have fallen by 36% in Russia since June due to a stop in exports via the Black Sea and the Sea of Azov. This has squeezed farmers' margins when the new crop is introduced on the market.
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August 25, 2026
The 'Vedomosti' newspaper reported that Russia may consider scrapping its grain export duty. This is a longstanding complaint of farmers as their exports are disrupted by Ukrainian drone attacks in the Black Sea. Vedomosti cited two sources…
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August 24, 2026
According to two industry sources, the Perm oil refinery - Russia's 7th largest oil processing plant in terms of volume - ceased operations on August 21 after a Ukrainian drone attack caused damage and fires at?technical units. In recent months…
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August 21, 2026
Three 'trading sources' said that the price of Russian Urals crude sold to India is now higher than the Brent benchmark for the first time since last May, as the demand from Asia has increased and the export availability has tightened. Sources…