2 news · updated Aug 3, 2026

API opposes Hormuz

2026-08-02

American Petroleum Institute Opposes Senate Biofuels Legislation

The American Petroleum Institute opposes new Senate biofuels legislation expanding higher-ethanol gasoline sales while granting exemptions to small refineries. API argues the proposal weakens America’

bloomberg · 2026-08-02 07:09 UTC

2026-07-28

Top US Oil Trade Group Opposes Hormuz Tolls After Gulf-Backed Fee Proposal

The American Petroleum Institute opposes proposed tolls on the Strait of Hormuz amid rising tensions, warning against new transit fees backed by Gulf states. API CEO Mike Sommers also urged Congress t

reuters · 2026-07-28 15:54 UTC

API opposes Hormuz

American Petroleum Institute Opposes Senate Biofuels Legislation

Top US Oil Trade Group Opposes Hormuz Tolls After Gulf-Backed Fee Proposal

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