#force-majeure

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#gulf-energy-crisis #strait-of-hormuz #oil-and-gas-markets #geopolitical-conflict #oil-and-gas-disruption
World news
fromwww.aljazeera.com
13 hours ago

Force majeure: What is it and why have some Gulf countries invoked it?

Gulf nations Qatar, Kuwait, and Bahrain declared force majeure on oil and gas exports due to US-Israel military operations against Iran and resulting Strait of Hormuz shipping disruptions, causing global energy market volatility and oil prices exceeding $100 per barrel.
World news
fromLondon Business News | Londonlovesbusiness.com
4 days ago

Middle East war triggers wave of 'force majeure' across global energy sectors - London Business News | Londonlovesbusiness.com

Major oil and gas companies across the Gulf region are invoking force majeure due to conflict-related disruptions to production and shipping, affecting global energy markets.
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