War with Iran drives up motor oil prices, and a peace deal won't provide quick relief

Summary

The article discusses how the war with Iran has driven up crude oil prices, which in turn is increasing the cost of motor oil and oil changes. While much attention has been paid to gasoline and diesel prices, the rising cost of lubricants has been overlooked. The U.S. produces plenty of crude oil but is not a major producer of motor oil, making it vulnerable to global price shocks. Even if a peace deal is reached, the problem is expected to persist for some time.