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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.
OIL
Saudi Arabia is boosting crude oil exports via the Muaajjiz terminal in order to bypass the Bab El-Mandam strait amid ongoing Houthi rebel attacks, Kpler data showed.
- The world’s leading P&I clubs, that collectively insure 90% of global ocean tonnage, cancelled the basic war risk cover in the Bab El-Mandab strait.
- The repercussions are particularly felt in Saudi terminals, heavily reliant on fuel imports passing through the strait according to Kpler.
- Saudi Arabia decided to boost crude oil exports via the Muajjiz terminal (see chart) to bypass the strait, showing how trade flows are adjusting amid Red Sea tensions.
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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