As global fuel markets tighten, XCF points to renewable fuels&#39; expanding role in domestic supply resilience HOUSTON, TX / ACCESS Newswire / May 8, 2026 / XCF Global, Inc. (&#34;XCF&#34;) (NASDAQ:SAFX), an emerging renewable

<p><i><strong>As global fuel markets tighten, XCF points to renewable fuels' expanding role in domestic supply resilience</strong></i></p> <p><strong id="dateline">HOUSTON, TX / <a href='https://www.accessnewswire.com/'>ACCESS Newswire</a> / May 8, 2026 / </strong><strong>XCF Global, Inc. ("XCF") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/SAFX">SAFX</a>),</strong> an emerging renewable fuels company focused on sustainable aviation fuel ("SAF"), today highlighted the strategic importance of domestically produced renewable fuels as global energy markets face heightened disruption following the ongoing Middle East crisis.</p><p>According to the International Energy Agency, the conflict has triggered the largest supply disruption in global oil markets on record, tightening refined fuel availability and prompting emergency responses by governments seeking to protect energy security and economic stability. Refined products such as jet fuel have experienced outsized price and supply pressures compared to crude oil, amplifying cost and availability challenges for the aviation sector.</p><p>In this environment, XCF believes renewable fuels are increasingly viewed not only as lower-emissions alternatives, but also as strategically important components of domestic energy infrastructure. In a market shaped by globally exposed petroleum supply chains, the Company believes domestically produced renewable fuels can help diversify supply, improve resilience, lower emissions, and strengthen U.S. energy security.</p><p>"Renewable fuels are increasingly being recognized not only for their emissions-reduction benefits, but also for their strategic importance in supporting fuel security and supply resilience," said Chris Cooper, Chief Executive Officer of XCF Global. "We believe domestically produced renewable fuels can play an important role in strengthening U.S. energy security while supporting the aviation industry's longer-term transition."</p><p>XCF believes its expected June start of renewable fuel production may become increasingly relevant as airlines, fuel purchasers, and policymakers place greater emphasis on diversified domestic supply, sourcing visibility, and resilience. The Company plans to use domestic feedstocks that are not directly linked to international crude oil extraction or long-haul shipping routes.</p><p>Industry reporting indicates that biofuel producers globally are increasing output in response to tightening fuel markets, underscoring growing recognition of biofuels' role in supporting energy security during periods of volatility.</p><p>XCF emphasizes that its focus remains on disciplined execution, regulatory compliance, and operational readiness as it advances production capacity over time.</p><p><strong>About XCF Global, Inc.</strong></p><p>XCF Global, Inc. ("XCF") is an emerging sustainable aviation fuel company dedicated to accelerating the aviation industry's transition to net-zero emissions. Our flagship facility, New Rise Renewables Reno, has a permitted nameplate production capacity of 38 million gallons per year, positioning XCF as an early mover among large-scale SAF producers in North America. XCF is working to advance a pipeline of potential expansion opportunities in Nevada, North Carolina, and Florida, and to build partnerships across the energy and transportation sectors to scale SAF globally. XCF is listed on the Nasdaq Capital Market and trades under the ticker, SAFX.</p><p>To learn more, visit <a rel="nofollow" href="https://pr.report/leg6">www.xcf.global</a></p><p><strong>Contacts</strong></p><p><strong>XCF Global: </strong><br/>Corporate Comms<br/><a rel="nofollow" href="mailto:media@xcf.global">media@xcf.global</a></p><p><strong>Cautionary Note Regarding Forward-Looking Statements</strong></p><p>This press release contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve substantial risks and uncertainties, including statements regarding the potential of sustainable aviation fuel to reduce greenhouse gas emissions, the prospectus of XCF's commercial operations and growth strategy and the expected to return to operations of XCF's New Rise Renewables Reno facility in June 2026. All statements, other than statements of historical facts, are forward-looking statements. Forward-looking statements concern future circumstances and results and other statements that are not historical facts and are sometimes identified by the words "aim," "may," "will," "should," "potential," "intend," "expect," "endeavor," "seek," "anticipate," "estimate," "overestimate," "underestimate," "believe," "plan," "could," "would," "project," "predict," "continue," "target," "objective," "goal," "designed," or the negatives of these words or other similar terms or expressions that concern XCF's expectations, strategy, priorities, plans, or intentions. Forward-looking statements are based upon current plans, estimates, expectations, and assumptions that are subject to risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ materially from those expressed or implied by such forward-looking statements.</p><p>We can give no assurance that such plans, estimates, or expectations will be achieved, and therefore, actual results may differ materially from any plans, estimates, or expectations in such forward-looking statements.</p><p>Forward-looking statements are based on current expectations, estimates, assumptions and projections and involve known and unknown risks and uncertainties that may cause actual results, developments or outcomes to differ materially from those expressed or implied by such statements. Important factors that could cause actual results, developments or outcomes to differ materially include, among others: (1) changes in domestic and foreign business, market, financial, political, and legal conditions; (2) unexpected increases in XCF Global's expenses, including manufacturing and operating expenses and interest expenses, as a result of potential inflationary pressures, changes in interest rates and other factors; (3) the occurrence of any event, change or other circumstances that could give rise to the termination of negotiations and any agreements with regard to XCF Global's business combination agreement with DevvStream Corp. and Southern Energy Renewables Inc. (the "Business Combingation") and/or its offtake arrangements; (4) the outcome of any legal proceedings that may be instituted against the parties to the Business Combination or others; (5) XCF Global's ability to regain compliance with Nasdaq's continued listing standards and thereafter continue to meet Nasdaq's continued listing standards; (6) XCF Global's ability to integrate the operations of New Rise and implement its business plan on its anticipated timeline; (7) XCF Global's ability to raise financing to fund its operations and business plan and the terms of any such financing; (8) the New Rise Reno production facility's ability to produce the anticipated quantities of SAF without interruption or material changes to the SAF production process; (9) the New Rise Reno production facility's ability to produce renewable diesel in commercial quantities without interruption during the ongoing SAF ramp-up process; (10) XCF Global's ability to resolve current disputes between its New Rise subsidiary and its landlord with respect to the ground lease for the New Rise Reno facility; (11) XCF Global's ability to resolve current disputes between its New Rise subsidiary and its primary lender with respect to loans outstanding that were used in the development of the New Rise Reno facility; (12) payment of fees, expenses and other costs related to the completion of the Business Combination and the New Rise acquisitions; (13) the risk of disruption to the current plans and operations of XCF Global as a result of the consummation of the Business Combination; (14) XCF Global's ability to recognize the anticipated benefits of the Business Combination and the New Rise acquisitions, which may be affected by, among other things, competition, the ability of XCF Global to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (15) changes in applicable laws or regulations; (16) risks related to extensive regulation, compliance obligations and rigorous enforcement by federal, state, and non-U.S. governmental authorities; (17) the possibility that XCF Global may be adversely affected by other economic, business, and/or competitive factors; (18) the availability of tax credits and other federal, state or local government support; (19) risks relating to XCF Global's and New Rise's key intellectual property rights, including the possible infringement of their intellectual property rights by third parties; (20) the risk that XCF Global's reporting and compliance obligations as a publicly-traded company divert management resources from business operations; (21) LOIs and MOUs may not advance to definitive agreements or commercial deployment; (22) the effects of increased costs associated with operating as a public company; and (23) various factors beyond management's control, including general economic conditions and other risks, uncertainties and factors set forth in XCF Global's filings with the Securities and Exchange Commission ("SEC"), including its most recent Form 10-K, filed with the SEC on March 31, 2026, this Press Release and other filings XCF Global made or will make with the SEC in the future. If any of the risks actually occur, either alone or in combination with other events or circumstances, or XCF Global's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that XCF Global does not presently know or that it currently believes are not material that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect XCF Global's expectations, plans or forecasts of future events and views as of the date of this Press Release. These forward-looking statements should not be relied upon as representing XCF Global's assessments as of any date subsequent to the date of this Press Release. Accordingly, undue reliance should not be placed upon the forward-looking statements. While XCF Global may elect to update these forward-looking statements at some point in the future, XCF Global specifically disclaims any obligation to do so.</p><p>Although the business combination agreement is binding on the parties, it does not obligate the parties to consummate the proposed transaction. The consummation of the proposed transaction remains subject to the satisfaction or waiver of applicable closing conditions, and the business combination agreement may be terminated in accordance with its terms. There can be no assurance that the proposed transaction will be consummated on the terms described herein or at all. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and are not guarantees of future performance or outcomes.</p><p>Any forward-looking statements speak only as of the date of this press release. XCF undertakes no obligation to update any forward-looking statements, whether as a result of new information or developments, future events, or otherwise, except as required by law. Neither future distribution of this press release nor the continued availability of this press release in archive form on XCF's website at <a rel="nofollow" href="https://pr.report/leg7">www.xcf.global/investor-relations</a> should be deemed to constitute an update or re-affirmation of these statements as of any future date.</p><p><strong>SOURCE:</strong> XCF Global, Inc.</p><br/><br/>View the original <a href='https://www.accessnewswire.com/newsroom/en/clean-technology/xcf-global-highlights-strategic-role-of-renewable-fuels-in-strengthening-u.s.-ener-1165283'>press release</a> on ACCESS Newswire<br/><br/>
      <img src="https://app.accessnewswire.com/img.ashx?id=1165283" width="0" height="0"/>

SAFX

XCF Global Highlights Strategic Role of Renewable Fuels in Strengthening U.S. Energy Security

XCF Global underscores renewable fuels amid growing energy supply challenges

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>As global fuel markets tighten, XCF points to renewable fuels&amp;#39; expanding role in domestic supply resilience HOUSTON, TX / ACCESS Newswire / May 8, 2026 / XCF Global, Inc. (&amp;#34;XCF&amp;#34;) (NASDAQ:SAFX), an emerging renewable</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>XCF Global emphasizes the strategic need for renewable fuels as global oil supply disruptions persist, driven by the Middle East crisis. With plans to commence production in June 2026, the increasing focus on domestic energy security could enhance XCF’s market position and financial performance as demand for sustainable aviation fuel rises.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>XCF highlights renewable fuels&#039; importance amid global energy market disruptions.</li><li>Middle East crisis has caused unprecedented global oil supply issues.</li><li>Renewable fuels are viewed as alternatives and strategic energy components.</li><li>XCF plans to start renewable fuel production in June 2026.</li><li>Growing demand for renewable fuels may support XCF&#039;s operational growth.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>XCF Global, Inc. (SAFX)</strong>: XCF is positioned to capitalize on rising renewable fuel demand and energy security.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This article fits within &#039;Corporate Developments&#039; as it discusses XCF&#039;s strategic positioning and planned production to respond to market conditions, which is crucial for potential investors focused on future growth opportunities in renewable fuels.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Middle East conflict may sustain pressure on oil supply, boosting SAF demand.</li><li>XCF&#039;s June production start could position them advantageously in the market.</li><li>Increased government interest in energy security may lead to favorable regulations.</li><li>Aviation sector&#039;s shift toward sustainable fuels could drive revenue growth for XCF.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>XCF operates the New Rise Renewables Reno facility with 38M gallons capacity.</li><li>Production is set to begin in June 2026 coinciding with increased market demand.</li><li>The ongoing Middle East crisis is the largest supply disruption on record.</li><li>XCF emphasizes using domestic feedstocks for production to enhance energy security.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider buying SAFX ahead of its June production start and growing demand for SAF.</p>
  </section>
</section>


<p><i><strong>As global fuel markets tighten, XCF points to renewable fuels' expanding role in domestic supply resilience</strong></i></p> <p><strong id="dateline">HOUSTON, TX / <a href='https://www.accessnewswire.com/'>ACCESS Newswire</a> / May 8, 2026 / </strong><strong>XCF Global, Inc. ("XCF") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/SAFX">SAFX</a>),</strong> an emerging renewable fuels company focused on sustainable aviation fuel ("SAF"), today highlighted the strategic importance of domestically produced renewable fuels as global energy markets face heightened disruption following the ongoing Middle East crisis.</p><p>According to the International Energy Agency, the conflict has triggered the largest supply disruption in global oil markets on record, tightening refined fuel availability and prompting emergency responses by governments seeking to protect energy security and economic stability. Refined products such as jet fuel have experienced outsized price and supply pressures compared to crude oil, amplifying cost and availability challenges for the aviation sector.</p><p>In this environment, XCF believes renewable fuels are increasingly viewed not only as lower-emissions alternatives, but also as strategically important components of domestic energy infrastructure. In a market shaped by globally exposed petroleum supply chains, the Company believes domestically produced renewable fuels can help diversify supply, improve resilience, lower emissions, and strengthen U.S. energy security.</p><p>"Renewable fuels are increasingly being recognized not only for their emissions-reduction benefits, but also for their strategic importance in supporting fuel security and supply resilience," said Chris Cooper, Chief Executive Officer of XCF Global. "We believe domestically produced renewable fuels can play an important role in strengthening U.S. energy security while supporting the aviation industry's longer-term transition."</p><p>XCF believes its expected June start of renewable fuel production may become increasingly relevant as airlines, fuel purchasers, and policymakers place greater emphasis on diversified domestic supply, sourcing visibility, and resilience. The Company plans to use domestic feedstocks that are not directly linked to international crude oil extraction or long-haul shipping routes.</p><p>Industry reporting indicates that biofuel producers globally are increasing output in response to tightening fuel markets, underscoring growing recognition of biofuels' role in supporting energy security during periods of volatility.</p><p>XCF emphasizes that its focus remains on disciplined execution, regulatory compliance, and operational readiness as it advances production capacity over time.</p><p><strong>About XCF Global, Inc.</strong></p><p>XCF Global, Inc. ("XCF") is an emerging sustainable aviation fuel company dedicated to accelerating the aviation industry's transition to net-zero emissions. Our flagship facility, New Rise Renewables Reno, has a permitted nameplate production capacity of 38 million gallons per year, positioning XCF as an early mover among large-scale SAF producers in North America. XCF is working to advance a pipeline of potential expansion opportunities in Nevada, North Carolina, and Florida, and to build partnerships across the energy and transportation sectors to scale SAF globally. XCF is listed on the Nasdaq Capital Market and trades under the ticker, SAFX.</p><p>To learn more, visit <a rel="nofollow" href="https://pr.report/leg6">www.xcf.global</a></p><p><strong>Contacts</strong></p><p><strong>XCF Global: </strong><br/>Corporate Comms<br/><a rel="nofollow" href="mailto:media@xcf.global">media@xcf.global</a></p><p><strong>Cautionary Note Regarding Forward-Looking Statements</strong></p><p>This press release contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve substantial risks and uncertainties, including statements regarding the potential of sustainable aviation fuel to reduce greenhouse gas emissions, the prospectus of XCF's commercial operations and growth strategy and the expected to return to operations of XCF's New Rise Renewables Reno facility in June 2026. All statements, other than statements of historical facts, are forward-looking statements. Forward-looking statements concern future circumstances and results and other statements that are not historical facts and are sometimes identified by the words "aim," "may," "will," "should," "potential," "intend," "expect," "endeavor," "seek," "anticipate," "estimate," "overestimate," "underestimate," "believe," "plan," "could," "would," "project," "predict," "continue," "target," "objective," "goal," "designed," or the negatives of these words or other similar terms or expressions that concern XCF's expectations, strategy, priorities, plans, or intentions. Forward-looking statements are based upon current plans, estimates, expectations, and assumptions that are subject to risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ materially from those expressed or implied by such forward-looking statements.</p><p>We can give no assurance that such plans, estimates, or expectations will be achieved, and therefore, actual results may differ materially from any plans, estimates, or expectations in such forward-looking statements.</p><p>Forward-looking statements are based on current expectations, estimates, assumptions and projections and involve known and unknown risks and uncertainties that may cause actual results, developments or outcomes to differ materially from those expressed or implied by such statements. Important factors that could cause actual results, developments or outcomes to differ materially include, among others: (1) changes in domestic and foreign business, market, financial, political, and legal conditions; (2) unexpected increases in XCF Global's expenses, including manufacturing and operating expenses and interest expenses, as a result of potential inflationary pressures, changes in interest rates and other factors; (3) the occurrence of any event, change or other circumstances that could give rise to the termination of negotiations and any agreements with regard to XCF Global's business combination agreement with DevvStream Corp. and Southern Energy Renewables Inc. (the "Business Combingation") and/or its offtake arrangements; (4) the outcome of any legal proceedings that may be instituted against the parties to the Business Combination or others; (5) XCF Global's ability to regain compliance with Nasdaq's continued listing standards and thereafter continue to meet Nasdaq's continued listing standards; (6) XCF Global's ability to integrate the operations of New Rise and implement its business plan on its anticipated timeline; (7) XCF Global's ability to raise financing to fund its operations and business plan and the terms of any such financing; (8) the New Rise Reno production facility's ability to produce the anticipated quantities of SAF without interruption or material changes to the SAF production process; (9) the New Rise Reno production facility's ability to produce renewable diesel in commercial quantities without interruption during the ongoing SAF ramp-up process; (10) XCF Global's ability to resolve current disputes between its New Rise subsidiary and its landlord with respect to the ground lease for the New Rise Reno facility; (11) XCF Global's ability to resolve current disputes between its New Rise subsidiary and its primary lender with respect to loans outstanding that were used in the development of the New Rise Reno facility; (12) payment of fees, expenses and other costs related to the completion of the Business Combination and the New Rise acquisitions; (13) the risk of disruption to the current plans and operations of XCF Global as a result of the consummation of the Business Combination; (14) XCF Global's ability to recognize the anticipated benefits of the Business Combination and the New Rise acquisitions, which may be affected by, among other things, competition, the ability of XCF Global to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (15) changes in applicable laws or regulations; (16) risks related to extensive regulation, compliance obligations and rigorous enforcement by federal, state, and non-U.S. governmental authorities; (17) the possibility that XCF Global may be adversely affected by other economic, business, and/or competitive factors; (18) the availability of tax credits and other federal, state or local government support; (19) risks relating to XCF Global's and New Rise's key intellectual property rights, including the possible infringement of their intellectual property rights by third parties; (20) the risk that XCF Global's reporting and compliance obligations as a publicly-traded company divert management resources from business operations; (21) LOIs and MOUs may not advance to definitive agreements or commercial deployment; (22) the effects of increased costs associated with operating as a public company; and (23) various factors beyond management's control, including general economic conditions and other risks, uncertainties and factors set forth in XCF Global's filings with the Securities and Exchange Commission ("SEC"), including its most recent Form 10-K, filed with the SEC on March 31, 2026, this Press Release and other filings XCF Global made or will make with the SEC in the future. If any of the risks actually occur, either alone or in combination with other events or circumstances, or XCF Global's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that XCF Global does not presently know or that it currently believes are not material that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect XCF Global's expectations, plans or forecasts of future events and views as of the date of this Press Release. These forward-looking statements should not be relied upon as representing XCF Global's assessments as of any date subsequent to the date of this Press Release. Accordingly, undue reliance should not be placed upon the forward-looking statements. While XCF Global may elect to update these forward-looking statements at some point in the future, XCF Global specifically disclaims any obligation to do so.</p><p>Although the business combination agreement is binding on the parties, it does not obligate the parties to consummate the proposed transaction. The consummation of the proposed transaction remains subject to the satisfaction or waiver of applicable closing conditions, and the business combination agreement may be terminated in accordance with its terms. There can be no assurance that the proposed transaction will be consummated on the terms described herein or at all. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and are not guarantees of future performance or outcomes.</p><p>Any forward-looking statements speak only as of the date of this press release. XCF undertakes no obligation to update any forward-looking statements, whether as a result of new information or developments, future events, or otherwise, except as required by law. Neither future distribution of this press release nor the continued availability of this press release in archive form on XCF's website at <a rel="nofollow" href="https://pr.report/leg7">www.xcf.global/investor-relations</a> should be deemed to constitute an update or re-affirmation of these statements as of any future date.</p><p><strong>SOURCE:</strong> XCF Global, Inc.</p><br/><br/>View the original <a href='https://www.accessnewswire.com/newsroom/en/clean-technology/xcf-global-highlights-strategic-role-of-renewable-fuels-in-strengthening-u.s.-ener-1165283'>press release</a> on ACCESS Newswire<br/><br/>
      <img src="https://app.accessnewswire.com/img.ashx?id=1165283" width="0" height="0"/>

XCF Global emphasizes the strategic need for renewable fuels as global oil supply disruptions persist, driven by the Middle East crisis. With plans to commence production in June 2026, the increasing focus on domestic energy security could enhance XCF’s market position and financial performance as demand for sustainable aviation fuel rises.

XCF Global Highlights Strategic Role of Renewable Fuels in Strengthening U.S. Energy Security

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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