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Bahrain's force majeure

John Kiriakou's explanation of Bahrain declaring force majeure on its energy commitments during the 2026 Iran war — why it is catastrophic for Bahrain and irrelevant to the global oil market, since the kingdom produces and consumes about a hundred thousand barrels a day and sells only the output of a small offshore field gifted to it by Saudi Arabia.

Bahrain’s force majeure is John Kiriakou’s reading of the kingdom’s declaration, during the 2026 Iran war, that it could no longer meet its energy supply commitments — a step he treats as severe for Bahrain and immaterial to everyone else.

The declaration

Kiriakou glossed the term before the fact. “Bahrain it declared force majeure, which is a legal term in contract law that says, we are no longer able … to honor our commitments under this contract. They’re saying we can no longer supply energy as the state Bahraini oil company said that they could.”[1]

Asked whether that was a major problem, he split the question in two. “It’s a major problem for Bahrain, but it won’t be a major problem for the global economy because Bahrain only produces about a hundred thousand barrels a day.”[2]

Where the exported oil comes from

The reason the small production figure does not settle the matter for Bahrain is the second half of Kiriakou’s account. “They consume about a hundred thousand barrels a day, but the Saudis have gifted Bahrain a small offshore oil field and that’s the oil that they sell.”[2]

He describes the arrangement as a subsidy in kind: “it’s like a little bit of a little bit of free money just to make sure that the Bahrainis can keep up with the rest of the Gulf Cooperation Council countries.”[3]

On that structure the export income is not a supplement but the whole of the kingdom’s oil revenue — and it cannot move: “if there’s force majeure and they can’t export it, which they can’t cuz for all intents and purposes the Strait of Hormuz is closed right now.”[3]

Kiriakou served in Bahrain and returns to it repeatedly as the Gulf state whose internal arrangements he knows best; his account of its Sunni ruling family and Shia majority is recorded at Bahrain’s naturalisation policy.

See also

References

  1. DeProgram Show with Ted Rall and Jamarl Thomas, 2026-03-1102:34 on YouTube · Transcript
  2. DeProgram Show with Ted Rall and Jamarl Thomas, 2026-03-1103:05 on YouTube · Transcript
  3. DeProgram Show with Ted Rall and Jamarl Thomas, 2026-03-1103:37 on YouTube · Transcript

Sourced from John Kiriakou's on-record public statements. See his profile for the full body of his interviews, podcast appearances, and short-form video.