Auto industry braces for motor oil shortage

problem is that almost half (44%) of the most important base oil used to make motor oil, known as Group III, comes from just three Persian Gulf producers, according to ILMA.

Those Middle East supplies have been derailed by the closure of the Strait of Hormuz after the war started in late February.

Not only that, but Pearl GTL, the world’s largest gas-to-liquids continue reading …