Mangalore Refinery and Petrochemicals declared ‌force majeure on all ‌gasoline export ‌cargoes ⁠for ⁠March and April amid conflict between ​U.S. ‌and Iran that has upended crude oil ‌flows from ​the Gulf, traders said ⁠on Wednesday (March 4, 2026).

The state-run refiner, ‌which operates a 500,000-barrel-per-day refinery in the southern state ‌of Karnataka, exports ​about 40% of its ⁠refined fuel ⁠output. 


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