Motor oil prices are on the rise, experts say. The Strait of Hormuz is why
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Article Excerpt
CANADA
Motor oil prices are on the rise, experts say. The Strait of Hormuz is why
By Adriana Fallico Global News
Posted May 19, 2026 3:52 pm
Updated May 20, 2026 2:30 pm
4 min read
WATCH: The rate of inflation jumped to 2.8% in April, thanks in large part to higher prices at the pumps caused by the war in Iran. This as the conflict in the Middle East continues to disrupt global oil shipments. Jazan Grewal has this story and more in Business Matters for May 19, 2026 – May 19, 2026
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