Report
Black Sea shipping crisis reportedly leaves about 100 ships idle
TRBusinessWorld reports daily Turkish Straits transits fell from 110 to 20–30, with industry warning of major losses.
TLDR
TRBusinessWorld reports about 100 ships idle and daily Turkish Straits transits down from 110 to 20–30. It says industry warns of up to $20 billion in losses within three months. ANI reports that India’s foreign ministry condemned attacks on commercial shipping and said India is engaging Russia and Ukraine. Sky News describes fears that the violence at sea could widen.
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