Force majeure is a legal clause in contracts that allows parties to suspend or terminate contractual obligations without penalty when extraordinary and unforeseeable events make performance impossible. Such events may include wars, natural disasters, or major disruptions beyond the control of the contracting parties.
Recently, major Gulf energy producers such as Qatar, Kuwait and Bahrain invoked force majeure on certain oil and gas exports due to shipping disruptions and infrastructure attacks linked to the 2026 Iran–US–Israel conflict. The clause temporarily relieves suppliers from fulfilling export commitments until normal conditions are restored.
APSC Relevance: Important for international trade law, energy security and the impact of geopolitical conflicts on global energy markets.
Course Purchase Query 