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Russian foreign ministry says Russia will use all the available means to defend vessels under Russian flags in case their rights are violated

This announcement signals a potential escalation in maritime tensions, particularly affecting Russian shipping in contested areas.

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Russian foreign ministry says Russia will use all the available means to defend vessels under Russian flags in case their rights are violated

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Context

Such threats can lead to heightened volatility in commodity prices, including energy and metals, while also impacting risk sentiment in the FX markets, especially for currencies tied to safe havens like the USD and gold. Traders should watch for market reactions as this stance could lead to a stronger flight to safety and affect broader geopolitical dynamics.

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