Iran & Mangalore Refinery and Petrochemicals Limited
3 shared events · Importance 3 · Last updated Jul 27, 2026
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International
Iran: Iran is aligned with the Houthis and involved in the conflict with the US that has choked oil supply through the Strait of Hormuz.
Mangalore Refinery and Petrochemicals Limited: MRPL is the first Indian refiner to include a clause avoiding Red Sea and Hormuz routes in its spot tender, reflecting heightened supply risk. The company's precautionary measure may increase procurement costs.
Jul 21, 2026 · 12 articles
Business
Iran: The Iran conflict and Strait of Hormuz blockade highlighted India's vulnerability to supply disruptions, prompting the SPR expansion.
Mangalore Refinery and Petrochemicals Limited: MRPL, an ONGC subsidiary, operates a 300,000 bpd refinery in Mangalore and leases half of the existing 1.5 MT SPR, benefiting from expanded storage infrastructure.
Jul 09, 2026 · 23 articles
International
Mangalore Refinery and Petrochemicals Limited: Mangalore Refinery and Petrochemicals Limited has resumed buying Russian oil after avoiding it since December, due to the US waiver and supply disruptions.
Mar 25, 2026 · 8 articles
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