Australia is facing a shortage of critical lubricants. How do we stop everything grinding to a halt? (opens original article in a new tab)
Australia is experiencing a lubricant shortage caused by rising base oil prices and supply chain disruptions, affecting various industries and prompting calls for government intervention.
- Australia faces a critical shortage of lubricants due to rising base oil prices and supply disruptions
- Supply chain issues affect sectors reliant on combustion engines, including agriculture and transport
- Australia depends heavily on imports of base oils from regions impacted by Middle East conflicts
- Industry groups urge government to treat base oil shortages with urgency similar to transport fuel shortages
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