{"id":93469,"date":"2026-03-12T00:00:00","date_gmt":"2026-03-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?p=93469"},"modified":"2026-03-12T14:05:11","modified_gmt":"2026-03-12T14:05:11","slug":"a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/","title":{"rendered":"A force majeure wave has hit the GCC, causing ripple effects across global markets"},"content":{"rendered":"

Leading<\/strong> GCC energy producers continue lockdown<\/strong>: <\/strong>A wave of force majeure declarations and precautionary production cuts swept through the Gulf\u2019s energy sector last week, hitting Qatar, Kuwait, Bahrain, and Iraq. The moves came as Hormuz sees a 90% collapse in shipping traffic and key energy production sites came under fire.<\/p>\n

SOUND SMART-<\/strong> Force majeure is when an unexpected event \u2014 war, pandemic, natural disaster \u2014 prevents a party<\/a> from fulfilling the terms of their legal agreement. In the energy sector, it\u2019s often related to the operation, production, export, and transportation of goods. The declaration grants an energy producer exemption from its legal obligations to deliver the agreed upon shipments on time, without allowing buyers to claim compensation.<\/p>\n

Pausing operations is a big move: <\/strong>\u201cOnce you cut production, it's not like a light switch; you can't really turn it back on again,\u201d CSC Commodities Energy Analyst Sasha Foss told EnterpriseAM. \u201cThese reservoirs will take a lot of work to get them pumping back again to maximum production, so you risk long-term damage in terms of the production figures, which is what the market is scared of.\u201d In the GCC, the \u201cmodus operandi is really being a stable, secure supplier, which they have been for decades.\u201d This is kind of the scenario that they feared: \u201cthey really want to fulfill their term contracts.\u201d<\/p>\n

Qatar\u2019s LNG caught headlines<\/p>\n

Qatar\u2019s LNG <\/strong>disruption<\/a><\/strong> is rippling through global energy supply chains. <\/strong>Major energy players, including Shell, TotalEnergies, and several Asian firms declared force majeure<\/a> to their own customers following a production halt in Qatar. This is a significant blow to the global energy supply chain and transit logistics. While March deliveries are reportedly unaffected, the impact will be felt starting in April. Qatari Energy Minister Saad Al Kaabi warned it could take \u201cweeks to months\u201d for deliveries to return to normal.<\/p>\n

Qatar was among the first to signal a <\/strong>full-scale halt<\/a><\/strong>. <\/strong>QatarEnergy suspended production at the world\u2019s largest LNG export plant, Ras Laffan, and issued official force majeure notices to affected buyers \u2014 notably India\u2019s Petronet \u2014 citing the effective closure of Hormuz and drone attacks on Ras Laffan.<\/p>\n

Capacity crunch: <\/strong>Shell\u2019s 6.8 mtpa and TotalEnergies\u2019 5.2 mtpa uptakes from Qatar are now stalled.<\/p>\n

Crude oil halts could create market backlash<\/p>\n

Where do we stand? <\/strong>Brent crude surged beyond the USD 100 \/ bbl mark this morning after Oman evacuated all vessels from its key oil export terminal and fresh attacks on two tankers in Iraqi waters.<\/p>\n

The oil infrastructure of Kuwait, which is entirely dependent on the strait for its exports, is arguably the <\/strong>most exposed<\/strong>. The Kuwait Petroleum Corporation declared force majeure<\/a> on its crude and refined product exports after the Hormuz crisis blocked shipments for an eighth straight day. Kuwait was producing around 2.6 mn bpd in February.<\/p>\n

Bahrain soon followed suit.<\/strong> Bapco Energies declared force majeure<\/a> after its refinery complex, the country\u2019s only refining node, was struck, noting that domestic market needs will continue to be met under contingency plans. Bapco\u2019s refinery processes about 267k bbl \/ d and is being expanded to roughly 380k bbl \/ d, with around 14 mn barrels of storage at the site.<\/p>\n

Time is ticking as the 12-day storage wall <\/strong>countdown<\/a><\/strong> edges closer. <\/strong>\u201cAny kind of continuation of the war and the conflict means that there's no outlet and storage facilities fill up, then you'll have to have production cuts in the region,\u201d Foss said. Once tanks are full, the force majeure declarations will shift the GCC worries from shipping delays to total wellhead shutdowns, which could cause permanent reservoir damage.<\/p>\n

Iraq is already <\/strong>halting production<\/a><\/strong> at major sites over security concerns. <\/strong>Major oil fields in the south, including Rumaila, West Qurna 2, and Maysan, slashed their production by over half, around a 1.5 mn bpd total loss last week. The Basra oil terminal also ceased export operations.<\/p>\n

The outliers<\/p>\n

Andoc is maintaining operations by using the Habshan-Fujairah pipeline<\/strong>, which bypasses the strait to reach the Gulf of Oman. So far, the firm is managing offshore production but has explicitly stated it\u2019s avoiding blanket force majeure by taking a granular, product-by-product approach.<\/p>\n

KSA has similarly avoided force majeure \u2014 tapping its East-West pipeline to bypass the <\/strong>strait <\/strong>via the Red Sea<\/a><\/strong>. <\/strong>Egypt has also offered its Sumed pipeline \u2013\u2013 Ain Sokhna to Sidi Kerir \u2014 to facilitate the transfer of Saudi crude oil from Yanbu to the Mediterranean, creating a land-to-pipe bridge.<\/p>\n

But the situation is constantly evolving. <\/strong>Some shipowners are now increasingly avoiding<\/a> Fujairah \u2014 the UAE\u2019s primary export hub outside the Arabian Gulf \u2014 due to reported missile threats. The Fujairah Oil Industry Zone saw several fires caused by falling debris last week<\/a>. The shipowners now avoiding<\/a> Fujairah have cancelled their shipments, in a move which should allow producers to resell and upmark the cargos.<\/p>\n

Aramco also halted operations at some units of the Ras Tanura refinery <\/strong>following a drone strike in the area last week<\/a>. The 550k bbl \/ d facility is one of the Kingdom\u2019s largest.<\/p>\n

What\u2019s next?<\/p>\n

Will the market stabilize? <\/strong>\u201cWe actually entered this crisis with everyone thinking we were oversupplied,\u201d Foss explained, adding that the mixed messaging from the US is causing the market to fluctuate. \u201cSome comparisons have been made to 2022 when Russia invaded Ukraine in February. We were coming out of Covid, so oil demand was pretty inelastic, you need these quite dramatic changes in price to affect consumption.\u201d<\/p>\n

\u201cWe saw the price go up to USD 130 per barrel then and it stayed above 100 for 110 days <\/strong>consecutively<\/strong>,\u201d Foss notes. Clarifying that, \u201cthe Middle East is twice as significant as Russia as an oil producer,\u201d but \u201cmaterially we were oversupplied going into this, with some 600 mn barrels more in stock currently than there were when Russia-Ukraine started.\u201d<\/p>\n

\u201c<\/strong>The duration of this conflict really is the critical factor<\/strong>,\u201d Foss explained, adding that \u201cgiven the strait is only 21 miles at its narrowest point, it only takes a kind of low or relatively low-cost missile to strike one vessel and then the premiums go up.\u201d We are seeing the practical decoupling of the global energy trade from its most vital artery. The strait previously handled 20 mn barrels per day, roughly a quarter of all seaborne oil.<\/p>\n

Production has gone down, and \u201cit won't be able to come back as quickly<\/strong>,\u201d he said. However, the \u201coil market has become relatively nimble in the last few years because we've had so many energy shocks.\u201d<\/p>\n

While Fitch Ratings <\/strong>expects<\/a><\/strong> the strait\u2019s closure to be \u201ctemporary\u201d and maintains a 2026 <\/strong>Brent average forecast of USD 63 \/ bbl<\/strong>, the immediate reality for operators is a scramble for alternative logistics and the suspension of delivery contracts that could take months to untangle.<\/p>\n

Could buyers move to alternative sources?<\/strong> \u201cThere just isn't anyone really big enough to replace the Middle East,\u201d Foss said, \u201cthey'll do what they can but I don't think they'll be able to replace that source.\u201d The US has eased the sanctions<\/a> on purchasing Russian oil for India, while Venezuela is expected to ramp up production<\/a>, and US producers of shale oil are already<\/a> in full throttle.<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

\u201cGiven the strait is only 21 miles at its narrowest point, it only takes a kind of low or relatively low-cost missile to strike one vessel and then the premiums go up\u201d<\/p>\n","protected":false},"author":1,"featured_media":93470,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[80],"tags":[212,79,17,35,160,227,142,153,690,129],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-93469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-bahrain","tag-energy","tag-enterprise-logistics","tag-iraq","tag-kuwait","tag-lng","tag-oman","tag-qatar","tag-saudi","tag-uae","wpautop","entry"],"acf":{"mongo_id":"a0983403-ca18-47e8-8775-2b618035c952","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/3\/673.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Force majeure in the GCC \u2014 what breaks next?","related_issue":[93459],"teaser":"\u201cGiven the strait is only 21 miles at its narrowest point, it only takes a kind of low or relatively low-cost missile to strike one vessel and then the premiums go up\u201d","photo_link":"","related_sponsor":"","voice_url":"","en_translation_ref_id":"","section_story_id":""},"yoast_head":"\nA force majeure wave has hit the GCC, causing ripple effects across global markets - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A force majeure wave has hit the GCC, causing ripple effects across global markets\" \/>\n<meta property=\"og:description\" content=\"\u201cGiven the strait is only 21 miles at its narrowest point, it only takes a kind of low or relatively low-cost missile to strike one vessel and then the premiums go up\u201d\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/\" \/>\n<meta property=\"og:site_name\" content=\"Logistics\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-12T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-12T14:05:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/673.jpg?fit=%2C&ssl=1\" \/><meta property=\"og:image\" content=\"https:\/\/ent.news\/2026\/3\/673.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1\" \/>\n\t<meta property=\"og:image:height\" content=\"1\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"A force majeure wave has hit the GCC, causing ripple effects across global markets\",\"datePublished\":\"2026-03-12T00:00:00+00:00\",\"dateModified\":\"2026-03-12T14:05:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/\"},\"wordCount\":1197,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/673.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Bahrain\",\"energy\",\"Enterprise Logistics\",\"Iraq\",\"Kuwait\",\"LNG\",\"Oman\",\"Qatar\",\"Saudi\",\"UAE\"],\"articleSection\":[\"ENERGY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/\",\"name\":\"A force majeure wave has hit the GCC, causing ripple effects across global markets - Logistics\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/673.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2026-03-12T00:00:00+00:00\",\"dateModified\":\"2026-03-12T14:05:11+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/673.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/673.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/logistics\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A force majeure wave has hit the GCC, causing ripple effects across global markets\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"name\":\"Logistics\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\",\"name\":\"Logistics\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/29618.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/29618.svg\",\"caption\":\"Logistics\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"A force majeure wave has hit the GCC, causing ripple effects across global markets - Logistics","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/","og_locale":"en_US","og_type":"article","og_title":"A force majeure wave has hit the GCC, causing ripple effects across global markets","og_description":"\u201cGiven the strait is only 21 miles at its narrowest point, it only takes a kind of low or relatively low-cost missile to strike one vessel and then the premiums go up\u201d","og_url":"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/","og_site_name":"Logistics","article_published_time":"2026-03-12T00:00:00+00:00","article_modified_time":"2026-03-12T14:05:11+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/673.jpg?fit=%2C&ssl=1","type":"","width":"","height":""},{"url":"https:\/\/ent.news\/2026\/3\/673.jpg","width":1,"height":1,"type":"image\/jpeg"}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"A force majeure wave has hit the GCC, causing ripple effects across global markets","datePublished":"2026-03-12T00:00:00+00:00","dateModified":"2026-03-12T14:05:11+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/"},"wordCount":1197,"publisher":{"@id":"https:\/\/enterpriseam.com\/logistics\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/673.jpg?fit=%2C&ssl=1","keywords":["Bahrain","energy","Enterprise Logistics","Iraq","Kuwait","LNG","Oman","Qatar","Saudi","UAE"],"articleSection":["ENERGY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/","url":"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/","name":"A force majeure wave has hit the GCC, causing ripple effects across global markets - Logistics","isPartOf":{"@id":"https:\/\/enterpriseam.com\/logistics\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/673.jpg?fit=%2C&ssl=1","datePublished":"2026-03-12T00:00:00+00:00","dateModified":"2026-03-12T14:05:11+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/673.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/673.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/logistics\/2026\/03\/12\/a-force-majeure-wave-has-hit-the-gcc-causing-ripple-effects-across-global-markets\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/logistics\/"},{"@type":"ListItem","position":2,"name":"A force majeure wave has hit the GCC, causing ripple effects across global markets"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/logistics\/#website","url":"https:\/\/enterpriseam.com\/logistics\/","name":"Logistics","description":"","publisher":{"@id":"https:\/\/enterpriseam.com\/logistics\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/logistics\/#organization","name":"Logistics","url":"https:\/\/enterpriseam.com\/logistics\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/29618.svg","contentUrl":"https:\/\/ent.news\/internal\/29618.svg","caption":"Logistics"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/673.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/673.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/673.jpg?fit=%2C&ssl=1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts\/93469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/comments?post=93469"}],"version-history":[{"count":3,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts\/93469\/revisions"}],"predecessor-version":[{"id":93605,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts\/93469\/revisions\/93605"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue\/93459"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media\/93470"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media?parent=93469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/categories?post=93469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/tags?post=93469"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/brand?post=93469"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=93469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}