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US Grants Refiners Highest Level of Biofuel Waivers Since 2017
Source: Bloomberg
Regulation & LegislationEnergy Markets & PricesElections & Domestic PoliticsESG & Climate PolicyConsumer Demand & Retail
The Trump administration granted oil refineries the largest renewable-fuel blending mandate exemptions since 2017, a policy shift that could further strain relations with farmers ahead of the November midterms. The move increases regulatory flexibility for refiners while raising political and supply-chain backlash risk tied to the renewable fuels framework.
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