https://www.taxtmi.com/news?id=72263 Rising oil and gasoline prices after disruption to Middle East supply routes have led governments to deploy emergency reserves, sanctions waivers, and shipping measures to add oil to the market. The article says these steps are only incremental and cannot fully replace the volumes stranded by conflict-related disruption, especially while transit through the Strait of Hormuz remains blocked. Analysts emphasize that resumption of transit is the most important step to restore stable oil and gas flows, and note that U.S. production and refinery constraints limit the effect of short-term fixes. en-us Tue, 07 Apr 2026 16:01:03 +0530 Tue, 07 Apr 2026 16:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72263 Rising oil and gasoline prices after disruption to Middle East supply routes have led governments to deploy emergency reserves, sanctions waivers, and shipping measures to add oil to the market. The article says these steps are only incremental and cannot fully replace the volumes stranded by conflict-related disruption, especially while transit through the Strait of Hormuz remains blocked. Analysts emphasize that resumption of transit is the most important step to restore stable oil and gas flows, and note that U.S. production and refinery constraints limit the effect of short-term fixes. News - Tue, 07 Apr 2026 16:01:03 +0530 https://www.taxtmi.com/news?id=72263