Force majeure: What is it and why have some Gulf countries invoked it?
Several Gulf nations have declared force majeure on oil and gas shipment since the US-Israel’s war on Iran was launched.
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Several Gulf nations have declared force majeure on oil and gas shipment since the US-Israel’s war on Iran was launched.
Israel strikes Tehran as Iran retaliates across the Gulf; Hormuz disruption pushes oil prices higher and tensions rise.
The US-Israel war on Iran has caused gas shortages, while nine million Indian expats in the Gulf face uncertainty.
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The FBI says the incident is being investigated as a “targeted act of violence against the Jewish community”.
Drones, cruise missiles and fighter jets have become a common sight for many sailors stranded on ships in the Gulf.
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