https://www.taxtmi.com/news?id=71455 Attacks on production and shipping linked to the Iran conflict have reduced exports and prompted a national oil company to declare force majeure, relieving contractual obligations during extraordinary disruption. Some producers have cut output as storage fills, while major consuming states are considering coordinated releases of strategic petroleum reserves and domestic measures to prevent hoarding and price collusion to stabilize markets. en-us Mon, 09 Mar 2026 17:31:04 +0530 Mon, 09 Mar 2026 17:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71455 Attacks on production and shipping linked to the Iran conflict have reduced exports and prompted a national oil company to declare force majeure, relieving contractual obligations during extraordinary disruption. Some producers have cut output as storage fills, while major consuming states are considering coordinated releases of strategic petroleum reserves and domestic measures to prevent hoarding and price collusion to stabilize markets. News - Mon, 09 Mar 2026 17:31:04 +0530 https://www.taxtmi.com/news?id=71455