Force majeure explained: Why Gulf countries are invoking it amid Iran vs US-Israel war

Middle East conflict triggers force majeure declarations from Gulf energy producers like Qatar, Bahrain and Kuwait. Attacks and shipping disruptions in the Strait of Hormuz have halted oil and gas exports, causing global price spikes and supply chain concerns amid Iran vs US-Israel war. This legal clause highlights the immediate economic impact of geopolitical instability on energy markets.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZBipsD5

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