Tag

#Force Majeure

2 articles

Finance

Oil Surges Past $100: Force Majeure Cripples Global Energy

Global energy markets are facing unprecedented disruption as oil prices surge past $100 per barrel and force majeure declarations cascade through the sector. The US has eased sanctions on Russian oil, sparking concern among allies, while natural gas prices soar and critical shipping lanes remain threatened, pointing to a potential global economic shock.

1 month ago