XCF Global shares surge 10.47% intraday as CEO emphasizes renewable energy security, scalable SAF production amid Middle East fuel price spikes.

XCF Global surged 10.47% intraday following CEO Chris Cooper’s emphasis on renewable energy security and scalable SAF production at ABLC2026. The company highlighted its use of U.S. waste-based feedstocks, modular facilities, and proximity to aviation markets to enhance energy resilience amid global supply chain volatility. Cooper linked the Middle East conflict to record SAF prices ($8.85/gallon in California), underscoring domestic SAF’s role in stabilizing supply and reducing emissions. XCF’s New Rise Reno facility, with 38M gallons/year of neat SAF capacity, was cited as a near-term solution to energy vulnerabilities. The stock’s rally aligned with renewed investor focus on energy security and decarbonization, driven by geopolitical tensions and the company’s strategic positioning as an early mover in large-scale SAF production.