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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.
MIDEAST
United Kingdom Maritime Trade Operations (UKMTO) are reporting that a 'non-piracy incident' is taking place in the Gulf off the coast of Fujairah, one of the seven emirates constituting the United Arab Emirates. The incident is close to the strategically important Strait of Hormuz between the UAE and Iran, to the north-west of the ongoing incident.
- Amichai Stein at Kann News tweets: "The warning notice [from the UKMTO], based on a third party source, advised vessels in the area to exercise extreme caution."
- Tensions in the Gulf remain high between Iran on one side and the UK, Israel, the US, and Romania following a drone attack on an Israeli-managed oil tanker, the MV Mercer Street, which killed one UK and one Romanian national.
- Iran has denied it was responsible for the attack, but the gov'ts of the UK, US, and Israel have all directly named Tehran as likely or definite culprits.
Map of Location of Incident
Source: UKMTO
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.
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