- Geopolitical tensions in the Middle East are causing disruptions around the Strait of Hormuz, leading to oil price hikes and impacting specific tech companies.
- Conflict between the US and Israel has led to attacks on Iranian targets, culminating in the closure of the Strait of Hormuz and subsequent impacts on global oil markets and tech stocks like Micron.
- Due to price surges caused by the blocking of Strait of Hormuz tanker traffic, the US EPA has allowed the use of E15 ethanol blends.
- President Trump ordered the EPA to drop E-15 restrictions, which is seen as a major boost for Iowa farmers.
EPA Issues Final Rule on Fuel Standards During Trump Visit to Iowa
What happened
The Environmental Protection Agency issued a final rule for fuel standards on May 31, 2019. This followed a visit by Donald Trump to the National Corn Growers Association in Iowa, where Kevin Ross, a National Corn Growers Association officer, represented corn growers. Ross thanked Donald Trump for supporting the commitment to allow for year-round sales of.
From agwired.com
Why it matters
The final rule increases demand for farmers and, according to reports, higher blends of renewable fuels such as reduce fuel prices for drivers by three to ten cents per gallon. The rule also results in lower emissions and greater greenhouse gas reductions.
The U.S. EPA allowed the use of ethanol blends due to price surges caused by the blocking of Strait of Hormuz tanker traffic, following a prior order from President Trump to drop E-15 restrictions.
From agwired.com
Who's involved
- Donald TrumpPresident of the United States who supported the commitment to sales.
- Environmental Protection AgencyGovernmental agency that issued the final rule for fuel standards.
- National Corn Growers AssociationCorn growers association that hosted Donald Trump and advocated for.
- Kevin RossFirst Vice President of the National Corn Growers Association and corn farmer.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- National Corn Growers AssociationSpeculative
National Corn Growers Association members might see increased revenue due to higher corn demand from the mandate.
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The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Environmental Protection Agency
governmental organisation in Queensland
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National Corn Growers Association
corn growers association in the United States