Costco has implemented a motor oil rationing policy, limiting members to one transaction and a maximum of two units every seven days. This decision stems from shipping and energy logistics disruptions caused by the U.S.-Iran conflict, particularly affecting the Strait of Hormuz. Recent escalations have raised concerns over supply chain stability. Market participants are closely monitoring these developments, including the potential for Iran to impose transit fees on vessels passing through the Strait of Hormuz.
Source: Read the original article

