The chemical and mechanical interactions between fluids and rocks, impairing the permeability and porosity of the reservoir, can lead to operational and economic challenges. These interactions can have a negative impact on the mechanical virtues of the rock, ultimately altering the petrophysical characteristics of the rock. The interactions cause alterations in the geometry of the pore space and the strength of the rock. Therefore, it is crucial to assess these variables before designing any oil recovery and gas storage project. The rock properties, particularly strength, permeability, and porosity, are changed during various stages such as drilling, production, and the injection of water or chemicals. In this regard, this research presents an examination review of the impact of fluid-rock interactions on the mechanical attributes of the formation rock, specifically focusing on the occurrence of formation damage. Generally, it is crucial to possess a strong comprehension of the interactions between fluids and rocks, as well as their effects on mechanical attributes and formation damage. This manuscript compiles recent studies to study the effect of interactions on rock petrophysical properties as well as mechanical properties, and in this regard, provides new perspectives on fluid-rock interactions in reservoirs. This understanding is vital in order to minimize both economic losses and technical complexities. Also, this manuscript can help researchers gain a complete perspective on the effect of fluids on rock mechanical properties in storage operations.