Free Trial

Greek Court Overturn Iranian Oil Seizure

OIL

On Wednesday, a Greek court overturned an earlier ruling that allowed the confiscation by the US of a partial Iranian oil cargo on an Iranian flagged tanker off the Greek coast.

  • Greece had called Iran's seizure of the two Greek tankers in the Gulf "piracy".
  • It is not clear if either the US or Greek government will challenge the decision which is yet to be made public.
  • The overturned case surrounds the Iranian flagged Lana.

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.