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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.
FREIGHT
The UK announced wide ranging sanctions on Russia, including a first attempt to crack down on the shadow fleet of tankers moving Russia’s oil, according to Bloomberg
- The measures target four oil tankers that are helping Russia to circumvent Western sanctions, in addition to Ingosstrakh Insurance which is providing them with cover.
- The G7’s efforts are aimed at cracking down on Russia’s ability to evade the G7 price cap, which limits the sale of its crude cargoes to a maximum of $60/b if they are to use western service providers.
- Russia has been moving to use of a shadow fleet of tankers, which tend to be older and less maintained.
Source: S&P Global Commodity Insights
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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