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Engine trouble ahead? How the Strait of Hormuz standoff threatens luxury auto giants

By CNBC May 01, 2026 Bearish
Engine trouble ahead? How the Strait of Hormuz standoff threatens luxury auto giants
A global base oils shortage is starting to filter through to drivers of luxury vehicles as the Iran war drags on. Supercars engines rely on base oils because they can withstand extreme heat, high revs and intense pressure.
A global base oils shortage is starting to filter through to drivers of luxury vehicles as the Iran war drags on. Supercars engines rely on base oils because they can withstand extreme heat, high revs and intense pressure.