https://www.taxtmi.com/news?id=71459 Military attacks and leadership developments in Iran have impaired Gulf oil and gas production and shipping, prompting a national oil company to invoke force majeure to suspend contractual shipment obligations due to extraordinary damage and security risks; resulting export curtailments, tanker transit disruptions through the Strait of Hormuz, and filled storage have reduced available supply, while governments consider reserve releases and impose regulatory measures against hoarding to stabilize markets and protect energy security. en-us Mon, 09 Mar 2026 21:01:04 +0530 Mon, 09 Mar 2026 21:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71459 Military attacks and leadership developments in Iran have impaired Gulf oil and gas production and shipping, prompting a national oil company to invoke force majeure to suspend contractual shipment obligations due to extraordinary damage and security risks; resulting export curtailments, tanker transit disruptions through the Strait of Hormuz, and filled storage have reduced available supply, while governments consider reserve releases and impose regulatory measures against hoarding to stabilize markets and protect energy security. News - Mon, 09 Mar 2026 21:01:04 +0530 https://www.taxtmi.com/news?id=71459