What You Need to Know Today:

The EPA offered an extension for 2025 RSF compliance reporting from 1 September 2026 to 1 October 2026 and announced decisions on requests to exempt 34 small refineries from the requirements. The U.S. is stepping up attacks against Iran after two tankers carrying crude oil from Saudi Arabia were attacked in the Strait of Hormuz. President Trump said he has proposed a peace deal for Ukraine and Russia, and Turkey’s President Erdogan is meeting with Russian President Putin on Wednesday, with the Black Sea export situation on the agenda. Despite rumors of peace, Russia stepped up attacks against Ukraine with the sixth straight day of missiles and drones launched at Kyiv, civilian food distributor storage fac...