Bahrain's State Oil Company Declares Force Majeure on Its Shipments After Iran Attacked Nation's only Oil Refinery
- On March 9, Bapco declared force majeure after Bahrain's Al Ma'ameer oil facility was struck, causing fire and damage that was later brought under control.
- Iran launched fresh strikes on energy installations across the Gulf, including Bahrain, while Masoud Pezeshkian, Iran's President, warned it `will be forced to respond` if neighbours' territory is used against it.
- Bahrain reported 32 people injured on Sitra, including four serious cases, while explosions were heard in Doha as Qatar's defence forces, Saudi Arabia's defence ministry, UAE, and Kuwait authorities intercepted multiple missile and drone threats.
- Asian stock markets plunged while oil prices soared, with energy producers in Qatar and Kuwait declaring force majeure and supply lines facing legal disruptions.
- The regional conflict has led the US State Department to order non-emergency US government employees and family members to leave Saudi Arabia, amid attacks that have killed over 32 people in the Gulf last week.
46 Articles
46 Articles
Bahrain\'s Bapco Energies Declares Force Majeure on Group Operations Amid Regional Conflict
Bapco Energies BSC (Closed), Bahrain’s integrated energy company, announced on Monday force majeure on its Group operations which have been affected by the on-going regional conflict in the Middle East and the recent attack on its Refinery complex.The company clarified that all local market needs are fully secured according to the proactive plans in place, ensuring the continuity of supplies and meeting local demand without impact.The Bahrain Ne…
Turkey moves fighter jets to Cyprus +++ Petrol rationed in Tehran +++ Israeli army attacks targets of the Iranian leadership +++ Saudi Arabia tightens warnings ++ The newsblog.
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