Oil Jumps Above $87 as Russia-Ukraine Black Sea Attacks Escalate
AI Summary
An oil price surge over $87 follows escalating Russian drone attacks on commercial vessels in Ukraine's Odesa region, including a deadly strike on a Togo-flagged cargo ship unloading fertilizer. Ukraine condemns the attacks as intimidation against international shipping.
A Russian drone strike on a commercial vessel in Ukraine's Odesa region has killed five seafarers and injured 12 others in one of the deadliest single strikes on commercial shipping since the start of the war. According to Odesa authorities, a Russian drone struck a Togo-flagged general cargo ship while it was unloading fertilizer, sparking a major fire, while the Russian defense ministry claims the strikes were targeting military cargo. Ukrainian officials have denounced the drone strike as a deliberate act to intimidate international shipping…