Two Merchant Ships Hit by Drones in Bulgaria’s Black Sea EEZ, One Sinks

An attack inside an EU member state's exclusive economic zone — and a vessel lost with crew missing — pushes Black Sea shipping risk from a war-adjacent concern into direct European commercial exposure. The immediate question is whether insurers and charterers treat this as a one-off or reprice the broader corridor, since the route already carries war-risk premiums. Attribution remains unstated, which matters: without it, the market has to price ambiguity rather than a named actor. Watch whether further strikes follow and whether shipowners begin rerouting around Bulgarian waters.