Iranian strikes force Bahrain’s Bapco to invoke force majeure: What it means

Bahrain’s Oil and Gas Holding Company (Bapco) has officially invoked a force majeure declaration following missile strikes attributed to Iranian forces. This action allows Bapco to suspend contractual obligations due to extraordinary circumstances. The situation raises questions about the implications for supply chains and contracts within the region, as force majeure clauses are typically associated with events that are beyond the control of the involved parties, such as natural disasters or geopolitical conflicts. Bapco’s decision highlights the ongoing tensions in the area and their impact on energy operations.