Back
68· Active
War & Conflict4h 1m ago
The cost of lubricants, particularly synthetic motor oil base oil, has more than tripled to record levels since the start of the war in Iran.
Archive Window: 30 Days Left
United States, Middle East, Strait of Hormuz, Qatar, South Korea, Poolesville, Md., Sonoita, Ariz.
Who
Amanda Hay (analyst with Independent Commodity Intelligence Services), Holly Alfano (CEO of the Independent Lubricant Manufacturers Association), Nathan Matheson (owner of Nathan's Small Engine Repair and Automotive Services), Onur Azeri (manager of a specialty mechanic shop)
What
The cost of lubricants, particularly synthetic motor oil base oil, has more than tripled to record levels since the start of the war in Iran.
When
Tue, 16 Jun 2026 15:29:02 GMT · 4h 1m ago
Where
United States, Middle East, Strait of Hormuz, Qatar, South Korea, Poolesville, Md., Sonoita, Ariz. ·
Why
The war in Iran has disrupted trade through the Strait of Hormuz and led to damage at the world's largest facility producing Group III base oil, the Shell Pearl GTL plant in Qatar, which was hit by an Iranian missile in March.
The Frontline Impact
How this affects you
The rising cost of base oil, essential for synthetic motor oil, is making oil changes more expensive for U.S. drivers and impacting mechanics, with an expected continued supply squeeze and higher prices into next year due to ongoing disruptions and production choices.
Story chain
3 events in this thread- War & Conflict2h 21m agoThe price of heating oil in rural parts of Stirling has doubled following the US conflict in Iran, prompting an urgent investigation by the Competition and Markets Authority into the heating oil market.Open article
- Currently Reading4h 1m agoThe cost of lubricants, particularly synthetic motor oil base oil, has more than tripled to record levels since the start of the war in Iran.
- War & Conflict4h 1m agoThe price of the base oil used to blend widely-used synthetic motor oil has "more than tripled to record levels" since the start of the war in Iran.Open article