Bapco declares force majeure after Iranian strikes on Bahrain facility

2026-03-09 - 08:52

Bahrain's state energy giant Bapco Energies announced Monday it has declared force majeure on group operations affected by ongoing Iranian attacks, confirming that a recent strike targeted one of its refining units. The company moved quickly to reassure markets, stating that all local demand is being met through pre-established emergency protocols, according to the Bahrain News Agency. Authorities emphasized that supply chains remain uninterrupted and that partners will be kept informed of developments as the situation evolves. Refinery unit hit as regional conflict widens The attack targeted a facility operated by Bapco Refining, an affiliate of the group, though the company did not specify the extent of the damage or whether operations have been suspended. Bapco's statement sought to calm concerns about energy security in the Gulf kingdom, noting that contingency plans are fully activated to ensure the continuity of supplies. The declaration of force majeure, a legal clause freeing a company from liability due to extraordinary circumstances, underscores the severity of the threat posed by the expanding conflict. Gulf states caught in crossfire of US-Iran escalation Regional tensions have spiraled since Feb. 28, when the US and Israel launched a joint military campaign against Iran that has claimed over 1,200 lives, including Supreme Leader Ayatollah Ali Khamenei. Tehran has responded with drone and missile strikes targeting Israel as well as Gulf nations hosting American military installations. Bahrain, home to the US Navy's Fifth Fleet, finds itself increasingly vulnerable as the conflict draws in regional players and threatens critical infrastructure. Broader implications for regional stability, Türkiye The attack on Bahrain's energy sector highlights the widening scope of the conflict, which now directly threatens Gulf Arab states traditionally aligned with Washington. For energy-importing nations like Türkiye, the ongoing hostilities pose risks of supply disruptions and price volatility, particularly if the Strait of Hormuz, a vital chokepoint for global oil shipments, becomes further destabilized. Ankara continues to monitor the situation closely as it balances regional security concerns with its economic interests.