<div id="readability-page-1">Oil supply shock: Nissan will slash lubricant allocations to 55% of last year’s volume, blaming shortages linked to the Iran conflict and refining bottlenecks. Gas prices surge: U.S. pump prices have risen to $4.51 per gallon on average, with Brent crude trading near $117 per barrel. Inflation outlook worsens: Economists forecast 6% inflation in Q2, more than double prewar expectations, as fuel cost spikes ripple through the economy.</div>

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<p>Nissan will reduce lubricant allocations to 55% of last year's volume due to shortages from the Iran conflict and refining issues. U.S. gas prices have surged to an average of $4.51 per gallon, with Brent crude near $117 per barrel. Economists predict a 6% inflation rate in Q2, significantly higher than prewar forecasts, driven by rising fuel costs.</p>

Nissan Motor

VanEck Oil Refiners ETF

United States Oil Fund LP

iShares US Oil & Gas Expl & Prod

VanEck Oil Services ETF

SPDR Energy Select

Pro Ultr Bloomberg Crude Oil

SPDR O&G Ex & Prd

Us Brent Oil

VG Energy

ISHRS S&P Glb Engy

SPDR O&G Equip

Nissan Motor Co., Ltd.

Iran conflict fuels motor oil cuts and gas surge