The Guardian Australia
·general
·2 hours ago
Australia experiences critical lubricant shortage amid soaring prices and supply disruptions
Australia faces a critical shortage of lubricants due to rising prices and disrupted supplies, impacting engine oil availability. Wholesale base oil prices have surged from $760 to $1,790 per tonne since late February. The ongoing Middle East conflict has worsened the situation, affecting essential products for various sectors, including agriculture and transport.
Summary by OZbrief · The Guardian Australia
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