How The Iran War Oil Shock Threatens The Global Auto Supply Chain

While automakers are trying to manage huge first-in-a-century transitions to EVs and software defined vehicles, the industry is getting hammered by a series of supply chain shortages. The conflict in Iran is just the latest in this pattern, and it's driving up the price of oil and threatening access to key raw materials. Though the region is not a major producer of car parts, it is, of course, a key producer of oil.And the threats of attacks on tankers in the Strait of Hormuz is effectively cutting off 20% ...