03.05.2026 02:00
The effects of the global energy crisis are leading to a new disruption in the automotive industry. The disruptions in the Strait of Hormuz due to the Iran war have now gone beyond crude oil, targeting synthetic motor oils, one of the most critical components of luxury and high-performance vehicles. The supply shortage, particularly in 'Group III' base oils, is seen as a harbinger of a challenging period for both manufacturers and vehicle owners.
The disruptions in the Strait of Hormuz due to the Iran war are shaking not only energy markets but also the automotive industry deeply. A serious supply crisis is looming, especially for synthetic motor oil raw materials, which are critical for luxury and high-performance vehicles.
GLOBAL SHORTAGE IN SYNTHETIC OIL
There is a global contraction in "Group III" base oils, which are key components in the production of high-performance oils used in super sports and luxury cars. The Gulf region supplying approximately 20 percent of global production further amplifies the impact of these disruptions. Experts warn that current stocks may be depleted within a short time.
SUPPLY CHAIN AT A BREAKING POINT
The tension in the region has interrupted production and shipments, severely straining the supply chain. Damage at Shell's facilities in Qatar and export restrictions from South Korea are cited among the main factors deepening the crisis.
PRICES HAVE SURGED TO RECORD LEVELS
Base oil prices in Northern Europe have nearly doubled since the start of the war, reaching historic highs. The rising costs are directly affecting both manufacturers and vehicle owners.
IT COULD LAST UNTIL 2027
Industry analysts highlight that the ongoing crisis may not be short-term. According to experts, motor oil prices are expected to continue rising, and product availability is anticipated to remain under pressure until 2027.