Force Majeure Invoked As Gulf Energy Exports Collapse Amid US–Iran War

Force majeure is a contractual clause that allows companies to suspend or cancel obligations when extraordinary events beyond their control make performance impossible, reported Reuters.Gulf countries such as Qatar, Bahrain and Kuwait have invoked it during the US–Israel war with Iran to shield themselves from penalties after shipping disruptions and attacks crippled their ability to export oil
Force majeure is a contractual clause that allows companies to suspend or cancel obligations when extraordinary events beyond their control make performance impossible, reported Reuters.Gulf countries such as Qatar, Bahrain and Kuwait have invoked it during the US–Israel war with Iran to shield themselves from penalties after shipping disruptions and attacks crippled their ability to export oil
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