Force Majeure

Force Majeure

A flame rises from a chimney of an oil field in Iraq's Kurdistan region, August 16, 2014. Photo: Reuters

Iraq declares force majeure on foreign-operated oilfields over Hormuz disruption, sources say

Most Iraqi crude exports transit the Strait, and the disruptions have caused storage capacity to reach its limits

The trade of Bangladesh with China ranges from public development projects to private contracts and any non-performance of the contract by either party may invoke the force majeure clause. Photo: Rehman Asad

Coronavirus: The need to invoke force majeure clause  

Police stand by a roadblock at a bridge crossing the Yangtze River to Hubei province in Jiujiang, Jiangxi province, January 30/ Reuters

As coronavirus fails to ease, interest in 'force majeure' grows