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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.
Whats the actual ROI on this geopolitical posturing? If Irans oil supply disruptions are driving prices, why not just invest in alternative energy infrastructure instead of risking regional conflicts? The economic logic seems upside down.