The cost of shipping goods through the Black Sea rose on Monday after Ukrainian naval drones hit two tankers en route to a Russian port last week, with fears of further attacks driving up war risk insurance costs, industry sources said.
A third attack on Tuesday targeted a Russian-flagged tanker loaded with sunflower oil off the Turkish coast, TΓΌrkiye's maritime authority and the Tribeca shipping agency said.
The Black Sea is crucial for the shipment of grain, oil and oil products. Its waters are shared by Bulgaria, Georgia, Romania and TΓΌrkiye, as well as Russia and Ukraine.
War risk rates for a typical seven-day voyage period, which are set by indiv
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