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Gulf nations halted gas exports via force majeure due to Iran threats and Strait of Hormuz disruptions after U.S.-Israeli strikes.
Gulf nations including Qatar, Bahrain, and Kuwait have invoked force majeure on gas exports due to escalating Middle East tensions following U.S.-Israeli strikes on Iran starting February 28.
Iran’s threats against vessels in the Strait of Hormuz, a key energy route, led to shipping disruptions and halted deliveries.
Companies used force majeure clauses—typically for events beyond control—to suspend exports and avoid penalties, with QatarEnergy’s action affecting nearly 20% of global LNG supply.
India also invoked force majeure to prioritize domestic gas use.
The unprecedented closure of the strait may qualify as a force majeure event, though courts would decide.
Market volatility and rising energy prices persist amid uncertainty over the conflict’s duration.
Las naciones del Golfo detuvieron las exportaciones de gas por fuerza mayor debido a las amenazas de Irán y las interrupciones en el Estrecho de Ormuz después de los ataques estadounidenses e israelíes.