US retailer rations motor oil as prices quadruple and supplies run dry
Iran war has created global shortage of lubricant used in vehicle engines
Source: Financial Times
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DW NOTE
The Strait has been effectively shut for six months. Anyone who didn't stockpile base oils when Iran first declared the blockade in February is now discovering that global just-in-time logistics only work when the ships can actually move. The US still imports 15% of its lubricants from refineries that source Middle Eastern crude — rationing is the market price of assuming February's disruption would resolve itself by summer.