Trade between Russia and Ukraine has reached a new low, with a significant decrease in the number of vessels crossing the strategic Black Sea strait. Just eight ships made the passage on Tuesday, a stark contrast to the 130-140 vessels that regularly traversed the waterway before the outbreak of war. The decline in trade is a worrying sign for both countries, as peace talks between Russia and Ukraine have stalled, exacerbating the economic impact of the conflict. As tensions remain high, the future of maritime trade in the region hangs in the balance.
Just eight vessels crossed strait on Tuesday, down from 130 to 140 prior to the war as peace talks stall.