Ukrainian defense forces have struck 12 Russian tankers, a tugboat, and a cargo ship in the Sea of Azov, according to a report from the General Staff of Ukraine.

The operation, which took place in the early hours of July 9, also targeted an oil terminal, marking a significant escalation in attacks on maritime logistics in the region.

Markets are already sensitive to disruptions in energy transport, with European gas prices surging 11% earlier this week following an attack on a Qatari LNG tanker.

The strike intensifies existing concerns over the safety of shipping lanes in the Black Sea and Sea of Azov.

Markets are already sensitive to disruptions in energy transport, with European gas prices surging 11% earlier this week following an attack on a Qatari LNG tanker.

This latest development suggests that the risk premium on regional shipping routes may persist or widen as belligerents target fuel infrastructure.

This event follows a pattern of increased targeting of energy assets.