Global Base Oil Markets are in the Middle of Genuine Supply Crisis. The base oil market doesn't often make headlines outside the lubricants industry. In 2026, it should. The Strait of Hormuz closure since late February has triggered a supply shock that is reshaping trade flows, rewriting price records, and exposing the fragility of the global lubricants supply chain from Asia to North America to Europe. Read More about it: https://www.linkedin.com/pulse/global-base-oil-markets-middle-genuine-supply-crisis-pricewatch-ai-kvgoc