force majeure

'- Most people think it' s a regional conflict between Iran and israel - In reality, it is an energy war with a blast radius that reaches every gas station, every shipping lane and every bank on Earth..! Thank you so much for sharing.

No winners but world economy will grind to a halt worse than COVID

Most of the gulf states face major disruptions to water/food by the end of the week, and oil/gas is all that makes it into the headlines... People forget that everything has to be 'shipped in' as well as 'shipped out'...

When the title of clauses are in french, you know you're fucked.

i like how it basically translates as "big problem"

Force Majeure Clauses in Contracts: A Force Majeure Clause is a contractual provision that excuses parties from performing obligations when extraordinary events beyond their control prevent or delay performance.

Irans are playing it very smartly

Iran is smart to cooperate with China and Rusia

Usa = overwhelm with firepower. Iran = surgical precision. Israel = attacked 17 hospitals and schools already 😒

in 2000 large logistics centres and depots set up their own tanks for storage which have a few more weeks of storage when tankers cant offload their stock . i suggest they repeat that PDQ.

We will experience shortages of EVERYTHING and prices are going to go UP UP UP. Just what we DON'T need. God help us all. 🙏

pls prepare today=this wk. a 30 day emergency-even a grid down type of survival plan. shelf stable food ect ect pets to.

When you take what the west seas a super power, and what Iran has done. Iran is winning, don’t forget we had a “Persian empire “ way before any of the countries attacking them ever existed.

Ah the privilege of living in a time that will be taught in-depth in future history classes 😅

The US is the second largest explorer of light crude oil and the world's leading explorer of LNG so making a war that hurts the world supplies of both is a win-win situation for the US millionaires and stock market investors. It is the US consumers and their children going to fight the war who pay the price of the oil and arms industry profits.

Qatar is able to use Force Majore to cancel $60/barrel contracts and the sell that same barrel for $90

More bad news. Tired of this garbage. Not you Patrick, just the world itself.

Just so happens Canada has a flashy new LNG terminal on the Pacific coast

Qatar is able to use Force Majore to cancel $60/barrel contracts and the sell that same barrel for $90

Certain people are making a lot of money from this conflict and the fact that resources have now shot up in price. That oil in the barrel was extracted when the price was a lot lower, but now supply/demand economics have taken over, the oil ain't changed, but they can sell it for a lot more. It is all about money. Follow the money and that is how you get the answers.

This is just away for all the elites to steal money from us!!

U ppl realize everytime they attack Iran ,that Iran retaliates with more aggressive with better advanced missles , that are almost impossible to stop 🤔🤦🏾‍♂️

The Iranian intel is crazy accurate.

Usa = overwhelm with firepower. Iran = surgical precision. Israel = attacked 17 hospitals and schools already 😒

I thought Europe was using green energy? How's that working out for them? Europe talks too much they sealed their own fate. 🤔

europe rrepeatedly shoots itself in the foot.

China's energy mix is only 2% LNG...

This will absolutely cascade and damage the logistical chains even further.

There are other products that are produced at energy hubs -- namely aluminum smelting and nitrogen fertilizer -- that are also going offline.

What about all the no energy things that we get from China, especially medical? The majority of our medicine or their ingredients come from China