https://www.taxtmi.com/news?id=71400 The government proposes immediate measures to keep markets liquid after Strait of Hormuz disruptions by shifting to weekly petroleum price revision, establishing a mechanism to compensate OMCs and refineries for surged insurance, freight and import premiums, and directing PSO to tender imports outside the Strait. Regulators will temporarily ration supplies to dealers and retailers based on an eight month sales track record to discourage hoarding, while considering mandatory work from home and alternative routing to maintain supply continuity. en-us Thu, 05 Mar 2026 15:46:03 +0530 Thu, 05 Mar 2026 15:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71400 The government proposes immediate measures to keep markets liquid after Strait of Hormuz disruptions by shifting to weekly petroleum price revision, establishing a mechanism to compensate OMCs and refineries for surged insurance, freight and import premiums, and directing PSO to tender imports outside the Strait. Regulators will temporarily ration supplies to dealers and retailers based on an eight month sales track record to discourage hoarding, while considering mandatory work from home and alternative routing to maintain supply continuity. News - Thu, 05 Mar 2026 15:46:03 +0530 https://www.taxtmi.com/news?id=71400