Free Trial

Bosporus Potential NATO Flashpoint In Ukraine Crisis

SECURITY

Ukrainian Ambassador to Turkey Vasyl Bodnar will ask Turkey to close Russian Black Sea access via the Bosphous if war breaks out in Ukraine. Denying Russian access to the Mediterranean would hinder logistical support lines to the Russian Black Sea Fleet and slow down an invasion of strategic ports like Odessa..

  • Bodnar told Reuters that the Russian fleet poses 'a great danger' for Kyiv and Russian naval presence in the Black Sea is 'overwhelming.'
  • The 1936 Montreux Convention gives Ankara the authority to close the Bosporus during times of war but any move to close the waterway would be considered a major escalation by a NATO member.
  • If the crisis escalates in the coming days then this flashpoint could become more relevant and put Turkish President Recep Erdogan, who is currently trying to manage relations with both Russia and Ukraine, in a difficult position .

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.