
Mangaluru, Mar 5, 2026: India’s Mangalore Refinery and Petrochemicals Ltd. (MRPL) has informed customers that it will suspend exports of oil products as the widening Iran conflict disrupts crude supplies from West Asia, according to a Bloomberg report.
The state-owned refiner, which operates a 300,000-barrel-a-day plant in Karnataka, relies on imported crude to produce fuels for domestic and overseas markets, Bloomberg reported. The company told clients on Wednesday that it may be unable to receive crude shipments, raising concerns about its ability to meet export commitments, people familiar with the matter told Bloomberg.
According to the report, the people declined to confirm whether MRPL had formally declared force majeure and asked not to be identified as the discussions are private.
Israeli and US strikes on Iran over the weekend have escalated tensions in West Asia and severely disrupted tanker traffic through the Strait of Hormuz, a key route for global energy supplies, Bloomberg reported.
MRPL, which exports diesel, petrol and jet fuel, currently holds crude inventories sufficient for roughly two weeks of operations, the people said, as per the Bloomberg report.