Regulation, Risk & Compliance
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Bahrain’s state oil company declares force majeure on its shipments after Iran attack
Bahrain’s state oil company declared force majeure on Monday for its shipments after an Iranian attack set its refinery ablaze. The state-run Bahrain News Agency carried the announcement of the force majeure, a legal maneuver that releases a company of its contractual obligations because of extraordinary circumstances. It said the…
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Click here to read the full story: Arab News