News Snapshot:
- Russia's Gazprom has tried to claim "force majeure" — or an act of God — in its natural gas contracts with European buyers. - Force majeure clauses allow parties to be released from their obligations due to extreme or unforeseen circumstances. - The move has sparked fears Russia may halt exports to Europe, and comes as its gas supplies to China are at record highs. Russia's Gazprom has tried to trigger an "act of God" clause in its natural-gas contracts with European buyers, arguing that it should not be held responsible for recent or current drops in supplies. Analysts...
