Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Crimea bridge blast: why is bridge important and what happened to it
    Top Stories

    Crimea bridge blast: why is bridge important and what happened to it

    Published by Uma Rajagopal

    Posted on October 11, 2022

    3 min read

    Last updated: February 3, 2026

    This image depicts the aftermath of the explosion on the Crimea Bridge, a vital transport link for Russian forces in Ukraine. The bridge's damage significantly impacts supply routes for fuel and goods to Crimea.
    Damage from the Crimea Bridge explosion, a key supply route for Russia - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Transportation Sectorinfrastructure financingfinancial stabilityInvestment opportunities

    Quick Summary

    LONDON (Reuters) – The road-and-rail bridge linking Russia and the Crimean peninsula was damaged in a powerful blast on Saturday, hitting a crucial supply route for Russian forces in Ukraine.

    LONDON (Reuters) – The road-and-rail bridge linking Russia and the Crimean peninsula was damaged in a powerful blast on Saturday, hitting a crucial supply route for Russian forces in Ukraine.

    Russian officials said the explosion was caused by a truck that blew up while crossing the bridge, killing three people.

    President Vladimir Putin has branded the blast a “terrorist attack” orchestrated by Ukrainian security services and on Monday he ordered a wave of retaliatory strikes on Ukrainian cities including the capital Kyiv.

    Following are key facts about the bridge.

    CRIMEA AND RUSSIA LINK

    The 19-km (12-mile) Crimea Bridge over the Kerch Strait is the only direct link between the transport network of Russia and the Crimean peninsula, which Moscow annexed from Ukraine in 2014.

    The bridge was a flagship project for Putin, who opened it himself for road traffic with great fanfare by driving a truck across in 2018.

    It consists of a separate roadway and railway, both supported by concrete stilts, which give way to a wider span held by steel arches at the point where ships pass between the Black Sea and the smaller Azov Sea.

    The structure was built, at a reported cost of $3.6 billion, by a firm belonging to Arkady Rotenberg, a close ally and former judo partner of Putin.

    WHY IT MATTERS

    The bridge is crucial for the supply of fuel, food and other products to Crimea, where the port of Sevastopol is the historic home base of Russia’s Black Sea Fleet.

    It also became a major supply route for Russian forces after Moscow invaded Ukraine on Feb. 24, sending forces from Crimea to seize most of southern Ukraine’s Kherson region and some of the adjoining Zaporizhzhia province.

    Russia’s Defence Ministry said on Saturday that those troops could be fully supplied by existing land and sea routes.

    WHAT HAS BEEN DESTROYED

    Traffic was initially suspended after the incident but by Saturday evening cars and buses were allowed to start crossing the bridge in alternating directions on the remaining intact lanes, while heavy goods vehicles waited to cross by ferry.

    Railway traffic also later resumed.

    The span through which ships pass the strait was not damaged.

    WHO TARGETED THE BRIDGE?

    Putin has said it “is obvious that the Ukrainian secret services ordered, organised and carried out the terrorist attack” on the bridge.

    Ukraine has not claimed responsibility for the blast on the bridge but has celebrated it.

    The New York Times newspaper, citing a senior Ukrainian official who spoke on condition of anonymity, reported that Ukraine’s intelligence services had been behind the blast.

    (This story has been refiled to update headline)

    (Reporting by Reuters; Editing by Kevin Liffey, Frances Kerry and Gareth Jones)

    Frequently Asked Questions about Crimea bridge blast: why is bridge important and what happened to it

    1What is the Crimea Bridge?

    The Crimea Bridge is a 19-km road-and-rail bridge connecting Russia to the Crimean peninsula, serving as a crucial supply route for Russian military operations.

    2What is a supply route?

    A supply route is a designated path or network used for transporting goods and resources, essential for military logistics and civilian trade.

    3What is infrastructure financing?

    Infrastructure financing involves funding the construction and maintenance of essential facilities like roads, bridges, and utilities, often through public-private partnerships.

    4What is a retaliatory strike?

    A retaliatory strike is a military response to an attack, aimed at inflicting damage on the aggressor as a form of retribution.

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostLondon Ambulance Service workers to vote on strike action – union
    Next Top Stories PostAmazon.com to invest over 1 billion euros in European electric van, truck fleet