The events in the Gulf region have affected the supply of gas and natural gas and petroleum, but also aluminum (together the “products”) ...

My colleague (Graham Quinn) recently wrote an article about the potential financial impact of the impending steel and aluminum tariffs on the construction industry. See hyperlink: The Impact of ...

Gulf countries, including Qatar, Bahrain and Kuwait, have declared force majeure on gas exports following the United States-Israel war on Iran, now in its third week, and the disruptions to shipping ...

State-run Kuwait Petroleum Corp. notified customers Friday that it was invoking the contractual clause that allows a supplier ...

Sanctions, increasingly deployed as instruments of political and ideological signalling, have risen by 346% since 2017. Commercial parties are increasingly finding themselves unable to perform ...

LME copper (HG1:COM) surged 3.6% yesterday to settle above $10,336/t (the highest since May 2024), after Freeport-McMoRan (FCX) declared force majeure, meaning it would be unable to fulfill contracts ...

In a bid to provide relief to contractors amid the fast-evolving West Asia situation, the government has allowed them to invoke ‘Force Majeure’ in view of disruptions, recognising “war” as a valid ...

The pandemic provided a teachable moment regarding the wording of force majeure clauses, to be more relevant to the disruption, damages & timelines. Just because a contract has a force majeure clause ...

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Kuwait declares force majeure on oil shipments due to the Strait of Hormuz blockade. UK warships sent through the Strait by April 30, 2026 at 9% YES.

The Indian drone industry has received timely relief. The government has recognized the West Asia situation as a Force ...