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The war with Iran is making oil changes pricier. And a deal won't solve it
The U.S. may be the world's biggest producer of crude oil, but that's not the case for motor oil. The cost of lubricants is soaring, and even a tentative deal to end the war won't solve the problem.
Irans oil sanctions have created a ripple effect - motor oil prices are up 175% due to refined base oil supply disruptions, not just geopolitical tensions. The economic impact extends far beyond headlines. #Iran #oil #economics #motoroil