US-Israel-Iran war: The US and Israel’s war on Iran has now entered its tenth day with no signs of easing so far. On Monday (local time), Bahrain’s Bapco Energies, the kingdom’s main energy company, which operates its only oil refinery, announced force majeure on operations that have been impacted by the ongoing war in the…
Gas Stocks in Focus: Amid the deepening crisis in the Gulf due to the Iran-US war, the news of Qatar stopping LNG (Liquefied Natural Gas) production and imposing force majeure on delivery led to a sharp fall in gas stocks on Wednesday, March 4. Shares of Petronet LNG Ltd fell by nearly 10% on BSE…
The International Cricket Council (ICC) has tightened its grip over Pakistan Cricket Board (PCB) seeking an explanation on how the ‘Force Majeure’ clause can be invoked to justify the Men in Green’s refusal to play against India in the ongoing T20 World Cup. The development came in after the PCB wrote to ICC to invoke…
Pakistan have threatened that they will be boycotting their T20 World Cup Group Stage match against India on 15 February after Bangladesh were removed from the tournament when they refused to travel to India citing security concerns. All of Pakistan’s matches, including the one against India, are scheduled to be held in Colombo, Sri Lanka,…
