Bahrain’s state oil company has declared force majeure after an Iranian attack set its refinery ablaze, affecting operations significantly.
Tag: Middle East conflict
Trump News: U.S. Military Operations Against Iran Intensify
The U.S. military has escalated its operations against Iran, with significant casualties reported on both sides. Trump has opened discussions about acquiring Iranian oil.
G7 countries
G7 countries are considering a coordinated release of oil reserves as prices surge amid the ongoing conflict in Iran.
Force majeure declared by Bapco following Iranian attack
Bahrain’s state oil company Bapco has declared force majeure on its shipments following an Iranian attack that set its refinery ablaze, causing significant market disruption.