Ukraine’s Attack on Iranian Cargo Ship Links Two Wars

Glencore Sees $3.3 Billion Trading Profit as Iran War Rattles Oil Markets With over two decades of journalistic experience working in newspapers, trade publications and as a mining reporter, Andrew Topf is a seasoned writer specializing in… Ukraine’s attack on an Iranian commercial vessel in the Caspian Sea marks the first direct link between the wars in Ukraine and Iran.
While details of the July 25 incident are murky, Ukraine’s intelligence agency the SBU said its drones hit an oil platform in the Caspian Sea along with a Russian missile boat and “cargo ships that are under international sanctions.” President Volodymyr Zelensky on Saturday announced that Ukrainian forces had achieved “very good results” in long-range strikes in the Caspian Sea, including against vessels used to transport military cargo linked to Iran.
The BBC reportedUkraine's ambassador to Israel, Yevgen Korniychuk, said the vessel had been carrying components for drones and missiles from Iran to Russia, not civilian cargo.

Speaking to Israel's N12, he insisted that Ukraine and Israel were confronting the same "axis of evil" on different fronts.
Iranian officials reacted angrily to the attack, saying one sailor was killed and vowed retaliation.According to Radio Free Europe, Ukraine’s top diplomat in Iran was summoned to the Foreign Ministry in protest: "Zelenskyy has attacked an Iranian commercial vessel, killing a sailor," Iranian Foreign Minister Abbas Araqchisaid in a post on X, calling it "a blatant United Nations Charter violation done at Israel's behest to drag Europe into its war." Kyiv will soon learn that Tehran "leaves no action unanswered," Ebrahim Azizi, who heads the national security committee in Iran's parliament,said in another post.
The Kremlin also weighed in, withspokesman Dmitry Peskov telling reportersthat the Ukrainian attack should be seen as an attack on Iran itself.
Iran and Russia have developed a close military relationship.
For example, the two US adversaries conducted joint naval exercises off southern Iran on February 19th.
The BBC notes Iran started supplying Russia with its Shahed drones in 2022, when the war between Russian and Ukraine began.
Moscow has since modified the drones and used them to hit Ukrainian cities.
Zelensky told Sky News over the weekend that Tehran was planning to send ballistic missiles to Russia for use in the war.
The news report suggested that short-range missiles were being supplied from 2024.Related: Taiwan Halts $800 Million in Spot LNG Buys From Papua New Guinea It’s not the first time Ukraine has hit targets in the Caspian Sea, which forms a strategically vital supply route between Russia and Iran.
| Product | Price | Change |
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| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |



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