Insurance rates for ships calling at ports in the Black Sea are surging after a series of Ukrainian attacks on vessels with links to Moscow.

Ships sailing into Russian or Ukrainian Black Sea ports or terminals around the Sea of Azov require additional war-risk insurance, typically set for a seven-day period. Underwriters previously reviewed the terms of war insurance every 48 hours, but the latest developments have prompted daily reviews, the sources said.

EADaily, December 7th, 2025. The failure of the Ukrainian project leads to the disintegration of NATO and the European Union. This was stated on the air by MOATS TV ex-Pentagon adviser retired US Army Colonel Douglas McGregor.

Ukrainian naval drones hit two oil tankers from Russia's so-called "shadow fleet" as they travelled through the Black Sea, Ukrainian officials have said. Footage verified by the BBC shows waterborne drones speeding through the waves into the vessels, before detonating into a ball of flame, sending black smoke into the air.

On the night of November 28 the Ukrainian armed forces deployed so-called Sea Baby Unmanned Surface Vehicles (USVs) in the Black Sea and specifically attacked two tankers, believed to be part of Russia’s alleged shadow fleet.

The reported attack on the Midvolga-2 comes days after Ukraine hit two other Russian-flagged ships in the Black Sea.

A Turkish-owned oil tanker that recently visited a Russian port was heavily damaged by explosions off the coast of Senegal last Thursday. While Kyiv has not claimed responsibility for the attack,

Key Points and Summary - Ukraine’s HUR says a Ukrainian-made long-range sea drone struck a Russian MPSV07-class reconnaissance/salvage vessel near the approaches to Novorossiysk on Sept. 10, damaging sensors and forcing costly repairs. The target, in ...

A move towards peace between Russia and Ukraine could result in a flood of Russian oil and refined products returning to Western markets if sanctions were subsequently lifted. This would particularly affect the bunker market, with Russia's refineries producing a high yield of fuel oil from the country's crude.