The United States-Iran conflict remained largely unresolved in early October, with Iran maintaining its grip on the Strait of Hormuz and few vessels able to traverse the crucial waterway. But there was a glimmer of hope as news emerged that the official U.S. distributor of API Group III base oils manufactured in Abu Dhabi by producer Adnoc had been able to lift products and sail a vessel through the strait, with the cargo reported to be on its way to the U.S.
Join Base Oils Editor Gabriela Wheeler and Executive Editor Tim Sullivan as they discuss this month’s Base Oil Report.