American Marconi Wireless News - Genoil Inc. (OTC Pink: GNOLF): Proprietary Refining Design Boosts Fuel and Diesel Yields, Ending Reliance on the Strait of Hormuz

With the Strait of Hormuz accounting for roughly 20% of global oil flows, higher yields per barrel eliminates supply disruptions caused by chokepoints.

Genoil's solution is a low-capex, rapidly deployable alternative that can boost the effective fuel supply without needing proportional increases in crude imports. Key benefits include:

• Low capital requirements compared with traditional refinery builds, enabling faster returns.

• Significant yield increases that raise the amount of usable transportation fuel and diesel produced per barrel.

• Reduced reliance on long-haul tanker routes by placing upgrading units closer to demand centers.

• Eliminate refining residue, helping constrained refineries improve throughput and economics.

• Fast commercial scaling, with emergency deployments able to come online in roughly 60 days.

Recent fighting and security pressures in the Gulf have tightened oil and jet‑fuel markets, pushing prices higher and reducing available supply. Jet fuel prices spiked sharply in late March and, in some markets, reached about $195 per barrel - a large increase since the start of the conflict - and airlines have begun cutting or canceling flights in response. Several carriers, including United and Air New Zealand, have announced capacity reductions or route consolidations to manage rising fuel costs; some regional carriers have already suspended routes. The International Energy Agency has warned that supply losses could deepen scarcity in coming weeks.

Contact Investor Relations Genoil Inc.
David K. Lifschultz, CEO
(212) 688-8868

SOURCE: Genoil Inc.

View the original press release on ACCESS Newswire

D.Moore--AMWN