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Russia Moves to Restrict Movement in the Black Sea

RUSSIA
  • Russia's plan to temporarily restrict movement of foreign warships in part of the Black Sea will not affect the nearby Kerch Strait, signaling lower risks for regional trade from Russia-Ukraine tensions
  • Kerch Strait is a crucial part of the regional grain trade connecting the Azov sea with the Black Sea.
  • The area is also closed to military drills which Moscow and Kyiv held simultaneously this week
  • Right of passage of foreign warships and "other state ships" will be suspended in three spots near Crimea's Black Sea coast from April 24 until October 31
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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