Why the Black Sea Matters to Commodity Markets
- Region at crossroads of Europe, Asia is a vital trade route
- Conflict in Ukraine puts energy, agriculture supplies at risk
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The Black Sea -- a major artery for the movement of commodities at the crossroads of Europe and Asia -- is suddenly drawing the world’s attention as the conflict in Ukraine unfolds.
Half a dozen countries touch its shores, though it’s vital to many others beyond, for the trade of energy, steel and agricultural products.