Ukraine’s Black Sea escalation threatens Global Trade, with risks of spiralling

Filed by Elara Myst

By Uriel AraujoGlobal Research, October 18, 2026 Ukraine’s expanding Black Sea attacks are disrupting shipping, raising insurance costs, and threatening global food and energy trade. As “wild-card” Zelensky raises the stakes (angering the US), the risk of a wider confrontation grows.***Black Sea shipping is in crisis, adding pressure to a global economy already absorbing Red Sea and Strait of Hormuz disruptions. Commercial vessels face rising risks, insurance costs have climbed...