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Explicit regulatory relief reduces uncertainty around 2025 compliance costs and enables greater reinvestment in core assets and expansion, supporting stake value and potentially DK's multiple.
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The EPA and Trump administration granted Small Refinery Exemptions for 2025, aiding Delek US Holdings by preserving refinery operations and jobs in Arkansas, Texas, and Louisiana. Delek plans to redeploy capital to sustain and upgrade assets, supporting energy infrastructure and reliable energy supply in its core markets.
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