'Nuclear Option' That Will Force Trump to Stop the War! Will Gulf Countries Choose This Path?
As tensions escalate in the Middle East, Gulf countries consider leveraging a 'nuclear option' by using the legal concept of force majeure to halt oil exports and pressure President Trump to end conflicts.
Reuters sources: Iraq declares "force majeure" on oil fields with foreign companies
Iraq has declared 'force majeure' on oil fields developed by foreign companies due to military operations affecting navigation and exports amid the regional conflict.
Iraq: Why it 'freezes' oil exports
Iraq has declared a state of force majeure on all oil fields operated by foreign companies amid disruptions in the Strait of Hormuz, impacting its oil exports and public revenues.
Iraq declared 'force majeure' on oil fields operated by foreign companies due to the situation in Hormuz
Iraq has declared a state of force majeure on all oil fields operated by foreign companies due to military operations disrupting shipping through the Strait of Hormuz.
Iraq declares force majeure at oil fields operated by foreign companies
Iraq has declared force majeure at its oil fields operated by foreign companies due to the ongoing American-Israeli war affecting maritime navigation in the Strait of Hormuz.
Qatar may declare 'force majeure' on long-term contracts with South Korea... Restoration of gas facilities could take 3-5 years
Qatar has indicated it may declare 'force majeure' on its long-term LNG supply contracts with South Korea and other nations due to damage inflicted on energy production facilities from Iranian attacks.
Half Earnings Due to LPG Crisis, Will Restaurant Owners Get Rent Relief?
Due to the LPG supply crisis exacerbated by global conflicts, restaurants in Delhi and Mumbai are facing significant revenue declines while considering potential rent relief options.
Shell and TotalEnergies declare force majeure to customers buying LNG from Qatar, says agency
Shell and TotalEnergies have declared force majeure to their LNG customers from QatarEnergy due to disruptions in production announced by Qatar.
Learn about force majeure.. the red light in energy markets
The article discusses the concept of force majeure in commercial contracts, particularly in the energy sector, in light of recent geopolitical tensions affecting Gulf energy companies.
Breaking | Reuters: OQ of Oman declares "force majeure" on natural gas supplies to Petrobangla in Bangladesh
Oman's OQ has declared a 'force majeure' status affecting natural gas supplies to Bangladesh's Petrobangla due to disruptions in Qatari supplies amid the US-Israeli conflict with Iran.
Toffoli restricts decision that froze legal processes due to flight cancellations
Minister Dias Toffoli of Brazil's Supreme Federal Court has clarified a previous decision to limit the suspension of legal actions concerning flight delays and cancellations to cases of 'force majeure.'
Bahrain's Bapco Declares Force Majeure on Its Operations
Bahrain's Bapco Energy has declared force majeure on its operations following an attack targeting one of its refinery units.
Iran strikes massive oil complex in Bahrain: declared 'force majeure'
Iran's attack on the Al Maamere facility in Bahrain resulted in a fire and the declaration of 'force majeure' by the state energy company Bapco due to the ongoing regional conflict.
War in the Middle East: latest events
Tensions rise in the Middle East as Bahrain declares "force majeure" following attacks on its oil facilities, Saudi Arabia intercepts drone strikes, and Human Rights Watch accuses Israel of using white phosphorus in Lebanon.
Bahrain: State Oil Company Declares Force Majeure After Iranian Attack
Bahrain's state oil company, BAPCO, has declared a force majeure following an attack by an Iranian drone on its refinery near Manama.
Bahrain Oil Company announces maneuver that releases it from contractual obligations after Iranian attack
The Bahrain Petroleum Company (Bapco) has declared 'force majeure' following an Iranian drone attack on its oil refinery, releasing it from contractual obligations due to extraordinary circumstances.
Middle East Shock Forces Yeocheon NCC to Declare 'Force Majeure'... Chain Crisis in Petrochemicals, Rubber, and Textiles
Yeocheon NCC has declared a 'force majeure' due to disrupted naphtha supply chains from the Middle East, raising alarms about a wider crisis in the petrochemical industry.
What will happen to global energy markets if Gulf countries declare 'force majeure'?
There are rising concerns in global markets about Gulf countries declaring 'force majeure' amid escalating conflicts and disruptions in the Strait of Hormuz, potentially leading to significant disruptions in global oil and gas supplies.
[Editorial] Domestic and Foreign Oil Companies Declare 'Force Majeure,' Must Respond to Economic Shock
Amid the ongoing US-Iran conflict, oil companies globally are declaring force majeure due to supply disruptions, prompting significant economic concerns in Korea.
Kuwait Declares 'Force Majeure' in Response to Hormuz Blockade, Other Oil-Producing Countries Considering Participation
Kuwait has become the first Gulf nation to declare a 'force majeure', initiating oil production cuts due to the impacts of Iran's blockade in the Strait of Hormuz, with other Gulf countries also contemplating similar measures.
Kuwait activates 'force majeure' clause for production cuts amid increased oil supply instability
Kuwait has announced a reduction in oil production citing โforce majeureโ due to ongoing regional tensions and threats in the Strait of Hormuz, raising concerns over global oil supply stability.
Kuwait Reduces Oil Production Due to Force Majeure, Gas Prices Rise in the USA
Kuwait has cut its oil output in response to force majeure circumstances, leading to an increase in gas prices in the United States.
UAE: Fuel transportation stops due to force majeure
Several fuel suppliers operating at the Port of Fujairah in the UAE have ceased operations citing force majeure due to damage from an attempted attack by an Iranian drone.
Qatar declares 'force majeure' conditions after Iranian attacks
Qatar has announced 'force majeure' circumstances by QatarEnergy due to attacks on liquefied natural gas facilities by Iranian drones.
What does "force majeure" announced by "Qatar Energy" mean?
Qatar Energy announced a "force majeure" condition due to the cessation of LNG and related product production, informing affected customers accordingly.
Qatar Energy declares force majeure
Qatar Energy has announced a state of force majeure following a halt in the production of liquefied natural gas and related products due to military attacks on its operational facilities.
Urgent | Qatar Energy: We declare a state of force majeure and halt gas production and related products
Qatar Energy has declared force majeure due to unforeseen circumstances, halting gas production and related outputs, and has informed affected buyers.
Blocked Abroad: What Risks Does an Employee Face Who Cannot Return to Work?
Many French employees are unable to return home due to the outbreak of war in Iran, raising concerns about the responsibilities and risks associated with their absence from work.
Leave Due to Force Majeure. When Can It Be Used?
The article discusses the rules and conditions under which employees in Poland can take leave due to force majeure, including the legal definitions, entitlements, and application requirements.
The boss has the right to ask for the reason for dismissal due to force majeure
This article discusses an employer's right to inquire about the reasons behind an employee's dismissal due to force majeure circumstances.
Due to 'force majeure' reasons, the friendly match between Independiente del Valle and Inter Miami is postponed
Independiente del Valle has announced the postponement of their friendly match against Inter Miami due to 'force majeure' circumstances, with a new date to be confirmed soon.