MRPL clarified that it has not declared any “force majeure” and is unaware of reports claiming suspension of fuel exports due to disruptions in Persian Gulf crude shipments. Earlier media reports suggested the company had halted exports and shut certain refinery units amid oil supply concerns linked to tensions around the Strait of Hormuz. According to Reuters, MRPL may have shut a 100,000 barrels-per-day crude unit along with some secondary units due to oil shortages, though the company has not officially confirmed this. With the refiner heavily dependent on Middle East crude, escalating regional tensions have raised concerns over supply stability. 📌 StockYard Take: While MRPL denies force majeure, Middle East supply risks could keep refinery stocks volatile in the near term. #MRPL #OilRefining #CrudeOil #EnergyStocks #StockYardResearch

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