Motor oil could become the next supply-chain headache as major companies warn that Middle East turmoil is squeezing key ingredients used in synthetic lubricants.
Why it matters: Drivers, repair shops and auto suppliers could soon see higher prices, reduced selection and temporary out-of-stocks for some synthetic motor oils.
Kimmeridge, an energy-focused private equity firm, on Friday announced that its Caturus unit will proceed with construction of its Commonwealth LNG project in Louisiana.
Why it matters: While Commonwealth has been planned for years, the go-ahead arrives as the Iran war is putting fresh focus on gas from outside the Middle East.
