Middle East tension: Many Indians with short-term visa stranded in Qatar due to flight cancellation, embassy asked for details
New Delhi, March 7. Many Indians are stranded in West Asia amid the ongoing tension between America, Israel and Iran. However, the Indian government, along with the governments of all the countries, is evacuating the people. The situation has become such due to attacks in the areas, due to which it has become difficult. Meanwhile, the Indian Embassy in Qatar has issued an advisory for the people stranded there. There are many people who had reached Qatar on short term visa, but due to the current situation they got stuck there. The Indian Embassy has also added a link to a form along with the advisory.
Along with this, the post on social media platform Who are not residents of Qatar.” Additionally, amid the ongoing war in the Middle East, Qatar’s Energy Minister Saad al-Kaabi has warned that the Gulf region’s energy exporters may have to declare ‘force majeure’ if the conflict continues for a few more days. This could halt the supply of oil and gas and lead to a huge surge in global energy prices.
In fact, if an oil company is unable to supply oil due to any war or natural disaster, then it can declare force majeure and will not be held guilty of breach of contract. In an interview with the Financial Times, Saad Al-Kaabi said that if the current situation continues, all exporters in the Gulf region will have to declare force majeure in the coming days. He said that companies that do not do so may face huge legal liability and losses. He warned that if tankers and other ships are unable to pass through the strait, the price of crude oil could reach $ 150 per barrel in the next two to three weeks. At the same time, the prices of natural gas can increase up to four times to $ 40 per MMBTU (Metric Million British Thermal Unit).
This week, Brent crude futures have seen a rise of about 20 percent and West Texas Intermediate (WTI) has seen a rise of about 25 percent. On Friday, Brent crude was trading above $89 per barrel, up more than 3 percent, while WTI was up more than 5 percent at $86 per barrel. Both benchmarks are at their highest levels since April 2024. Qatar, the world’s second-largest LNG producer, declared force majeure this week after an Iranian drone strike damaged its Ras Laffan LNG plant. The plant is Qatar’s largest LNG plant and the damage caused by the attack is being assessed.
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