Saint-Kitts-and-Nevis-flagged bulker TK Majestic, carrying grain under the UN's Black Sea Grain Initiative, waits in the southern anchorage of the Bosphorus in Istanbul, Turkey July 15, 2023.
REUTERS/Mehmet Emin Caliskan/File Photo Acquire Licensing RightsKYIV, Oct 26 (Reuters) - Ukraine has suspended the use of its new Black Sea grain export corridor due to a possible threat from Russian warplanes and sea mines, the Kyiv-based Barva Invest consultancy and a British security firm said on Thursday.
Wheat futures had been pressured this week by hopes that Ukraine would expand grain exports, as well as rain relief in dry crop belts worldwide.
Russian President Vladimir Putin said last week that he had ordered Russian warplanes with Kinzhal missiles to patrol the Black Sea.
Ukraine shipped up to six million tons of grain a month from its Black Sea ports before Russia's full-scale invasion in February 2022.
Persons:
Mehmet Emin Caliskan, Vladimir Putin, Ambrey, Taras Vysotskiy, Gus Trompiz, Jonathan Saul, Tom Balmforth, Mark Heinrich Our
Organizations:
REUTERS, Rights, Barva Invest, Barva, Ukrainian Seaport Authority, Russian Air Force, Thomson
Locations:
Kitts, Nevis, Bosphorus, Istanbul, Turkey, Ukraine, Kyiv, British, Moscow, Chicago, Russian, Snake Island, Russia, Black, Ukrainian, Paris, London