Middle East war poses risk of engine oil shortage
The automotive industry monitors the supply of a product that is essential for vehicle maintenance.

A shortage of engine oil has been threatening the automotive industry since the start of the war in the Middle East, according to an RFI column on raw materials.
Engine oil, which is also used during oil changes, is essential for the operation and maintenance of vehicles. The extract links supply tensions to the regional conflict, without detailing the producing countries, the supply chains affected or the extent of available stocks.
The report therefore relates to a risk of shortage and its possible effects on the automotive sector. The information provided does not make it possible to measure the duration of the shortage or the impact on prices.
Sources
- La pénurie discrète d'huile de moteur, cette autre conséquence de la guerre au Moyen-Orient — RFI — Français
EGazette summarizes reporting from multiple sources; follow the links for the originals.
Comments
Loading comments…
Related articles
Traders eye Micron earnings, but Nike also in focus this week
Micron reports quarterly results Wednesday after the close, with Nike's earnings following Thursday as investors weigh both companies' outlooks.
Germany blocks Chinese firm from acquiring stake in Hamburg logistics company
The German government cited significant security concerns, saying the deal could be used as political leverage by China.
Tesla secures $30 billion in new credit lines to scale Cybercab and Optimus production
The automaker says it will not draw on the new debt facilities this year, citing at least $25 billion in already-planned capital expenditures.
Ford CEO says it's 'too late' for Europe to fend off Chinese automakers, but not for the US
Jim Farley's comments came days after a high-profile visit by Chinese President Xi Jinping to meet President Donald Trump.

Goldman Sachs board reportedly weighs succession plan for CEO David Solomon
Reports say the board has discussed replacing Solomon with president John Waldron as early as next year.

Saudi Arabia Resumes Oil Loading at Yanbu Port After East-West Pipeline Restart
Shipping data and satellite imagery reveal resumption of loading operations following pipeline shutdown caused by earlier attacks.