Auto Industry Faces Skyrocketing Motor Oil Prices Due to Political Tensions
Wholesale motor oil prices are surging, and industry executives warn of imminent shortages driven by the war with Iran. Damage to Middle Eastern facilities and the closure of the Strait of Hormuz have disrupted the supply of crucial base oils, particularly Group III, which is vital for modern vehicle lubricants. While workarounds are expected to emerge, these temporary solutions may potentially compromise the long-term health of engines.
John Q. Hosedrinker