Podcast | Despite Pending Deal, Middle East Conflict’s Impact Will Reverberate

With a peace agreement expected to be signed this week, RBC Capital Markets analyst Steven Shemesh says the effects of the U.S.-Iran conflict to be felt by quick lube operators for months.
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With the United States and Iran reaching a peace agreement that is expected to be signed later this week, RBC Capital Markets analyst Steven Shemesh joins the NOLN Podcast to discuss the ramifications for quick lube operators. In this interview, Shemesh explains why although the reported peace agreement between the United States and Iran is a positive development, operators should expect lingering effects from months of conflict that drove up crude oil prices and created supply chain disruptions.

He also breaks down how operators of different sizes have been impacted by recent events, and what industry leaders from all corners can learn from this experience.

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About the Author

Tom Valentino

Editor

Tom Valentino is the editor of National Oil and Lube News. A graduate of Ohio University, he has more than two decades of experience in newspapers, public relations and trade magazines, covering everything from high school sports to behavioral health care. Tom’s first vehicle was a 1990 Mazda 626, which he used to deliver pizzas in the summer after graduating high school. Today, he drives a 2019 Jeep Compass, which usually has a trunk full of his daughter’s sports gear. In his spare time, Tom is an avid Cleveland sports fan and a volunteer youth sports coach.

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