Kremlin says it is acting to minimise impact of Ukrainian strikes on Russian grain exports
The Kremlin said measures are being developed to keep 60 million tons of grain moving after drone strikes shut major terminals and delayed cargoes.
- On Monday, Kremlin spokesman Dmitry Peskov said measures were being taken to minimize the impact of Ukrainian strikes on Russia's grain exports, though tit-for-tat attacks by Russia and Ukraine have shuttered grain terminals.
- The recent collapse of an unspoken wartime arrangement has shut down more than 97 per cent of grain export capacity in the Azov and Black Sea basin, leaving traders scrambling.
- Analysts estimate Russia's August wheat exports at 1.8 million tons, the lowest level since 2010, as major Novorossiysk terminals NZT and NKHP halted operations after drone strikes.
- Egypt, which sourced more than 82% of its wheat from the region in early 2026, is now seeking alternatives from Australia, Argentina, and the United States as prices climb roughly 30 per cent higher.
- Grain processors in Asia face delays on up to 2.5 million tons of wheat, with few shipowners willing to enter the region; grain analyst Maxence Devillers said, "By the end of August, the market will have to find solutions.
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Attacks by Russia and Ukraine on each other's ports and ships have brought grain exports across the Black Sea to a virtual standstill. The two countries, which 30...
Kremlin Says It’s Working to Minimize Impact of Ukrainian Attacks on Russian Grain Exports
Tit-for-tat attacks by Russia and Ukraine, both major grain exporters, on ports and vessels in recent weeks have shuttered grain terminals and forced shippers to delay or cancel loadings for dozens of cargoes during the peak export season.
The planned export of Russian grain will be completed, Kiev will not be able to prevent — Peskov: EADaily
EADaily, August 24th, 2026. No attempts by Kiev to prevent will stop the export of Russian grain, it will be implemented in the planned volumes. This was announced today, August 24, by press Secretary Dmitry Peskov.
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