How could higher oil prices impact global automotive? | Automotive World
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The US-Israel-Iran conflict increases the risk of high oil prices, which could reshape current automotive sales and production trends. By Will Girling
Automotive World’s latest global sales forecast maintains that most regions will see demand for light vehicles rise during 2026. Because it is still in the early stages, the US-Israel-Iran conflict cannot be immediately factored in, but there is every possibility of far-reaching consequences for the auto industry if it lasts into April and beyond.
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