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US-sanctioned Mojtaba Khamenei named Iran’s next supreme leader after father’s death: reports

Iran’s Assembly of Experts has elected Mojtaba Khamenei, the son of the late Supreme Leader Ayatollah Ali Khamenei, as the country’s new supreme leader, according to reports.

Iran International cited sources who claimed the decision was made ‘under pressure’ from the Islamic Revolutionary Guard Corps (IRGC).

Mojtaba Khamenei, 56, is the second-eldest son of Ali Khamenei and was born in Mashhad in 1969.

His early childhood coincided with his father’s rise as a revolutionary figurehead opposing the monarchy of Shah Mohammad Reza Pahlavi.

After the Islamic Revolution in 1979, Ali Khamenei moved from a dissident cleric to a senior government official, holding key posts in the regime including deputy defense minister.

The family moved from Mashhad to Tehran, where Mojtaba attended Alavi High School, which is a school that is known for educating members of Iran’s political and religious elite.

There, he received a general and religious education and graduated in 1987. In 1989, after the death of Ayatollah Ruhollah Khomeini, Ali Khamenei was appointed supreme leader.

That same year, Mojtaba began his formal clerical studies in Tehran. He studied under his father as well as Mahmoud Hashemi Shahroudi, who later served as Iran’s chief justice.

Over the years, Mojtaba was seen constantly with his father and was also regarded as an influential figure behind the scenes.

In 2019, the U.S. sanctioned Mojtaba Khamenei under Executive Order 13867. The U.S. Treasury Department stated that he had been ‘representing the supreme leader in an official capacity despite never being elected or appointed to a government position aside from work in the office of his father.’

The Treasury also said that the supreme leader had delegated part of his leadership responsibilities to Mojtaba. 

It said he worked closely with commanders of the IRGC’s Quds Force and the Basij Resistance Force, positioning him as a key player in both domestic and international security affairs.

Mojtaba is married to the daughter of former Iranian Parliament Speaker Gholam Ali Haddad-Adel.

Among Ali Khamenei’s sons, he is considered the most powerful and politically influential, according to reports.

Initial reports had indicated Mojtaba was among around 40 officials killed in Feb. 28’s strike targeting Iran’s highest-ranking cleric.

As previously reported by Fox News Digital, President Trump said strikes on Iran eliminated much of the regime’s anticipated leadership succession bench.  ‘Most of the people we had in mind are dead,’ Trump told reporters Tuesday.

As yet, Iranian state media has not confirmed the succession reports.

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Private security firm helping Americans evacuate the Middle East amid war with Iran

MCLEAN, Va. – As Americans are stranded in the Middle East amid the U.S. and Israel war with Iran, government and private agencies are working around the clock to conduct evacuations.

In addition to the U.S. Department of State’s 24/7 task force aimed at evacuating Americans, private security firm Global Guardian is also working around the clock to complete the same mission.

As of Friday, Global Guardian has evacuated more than 4,000 people from the Middle East, according to its CEO and President, Dale Robert Buckner.

While operations and logistics teams sit in an office building in northern Virginia, the firm has personnel in more than 140 countries, allowing Global Guardian access to nearly every corner of the world for emergency response or evacuations.

‘We provide medical evac services, we provide kidnap, ransom, extortion negotiation payment if someone is kidnapped or extorted,’ Buckner said. ‘We’re providing about 300 missions a month of executive protection travel, in about 84 countries a month.’

The private security firm also conducts camera surveillance of residences and commercial property and has cyber analysts monitoring mobile devices. 

After the U.S. and Israel struck Iran in a joint attack last weekend, the firm has been coordinating multiple emergency response evacuations — but this isn’t the first time it has assisted Americans out of a crisis zone.

‘That means getting people out of Puerto Vallarta a week ago, and Jalisco, Mexico. That means getting people out of Asheville, North Carolina when it got wiped out by a hurricane,’ Buckner said. 

Logistically, getting tourists out of a war zone and back to safety is a process, but the firm works fast, completing their first border crossing within the first six hours of the missile strikes.

Immediately, the firm received a call from a pair of students studying abroad, Deputy Vice President of Operations Colin O’Brien told Fox News. He said they were trying to leave Dubai.

‘Within about four and a half hours from the phone call, we had our teams in motion to go pick these people up and it was two college-aged women,’ said O’Brien.

‘Put them in the car, we were then able to move from the Omani border and by eight hours we were at the border. Work through the border checkpoint to a hotel in Muscat, where we could stop and give them a short rest while we arrange their transportation home,’ he says. 

The group said it remains active year-round to ensure evacuation plans are in place before disasters strike.

‘There’s a narrative of, here’s the pickup point, here’s the key crossing site,’ Buckner said. ‘This is what you’re gonna need from a paperwork standpoint, legally. And then we’re gonna put you in a hotel or straight onto a commercial flight. Most likely, at this point in the war, we’re gonna put you on a private charter.’

Buckner said most of these missions happening in the region are ground movement, done by locals. He says in the 140 countries the firm is in, they have ground teams working year-round. Consistently training year-round. 

‘We’re communicating, we’re coordinating, we’re executing. Executive protection agents, armed agents, armed vehicles, large-scale event support with medical and security personnel,’ he said, describing the firm’s standard operating capabilities.

‘We’re coordinating whether the firm needs drivers. From Dubai to Oman, Israel to either Oman, Jordan or Egypt. Out of Bahrain into Saudi Arabia,’ Buckner said.

While the firm is coordinating with the State Department, it said it has not yet conducted a flight mission on behalf of the department.

Global Guardian offers these services through what it calls a ‘Duty of Care Membership,’ which Buckner said costs $15,000 per year for a family of five.

‘You are going to sign a contract — whether it’s a family, a family office or typically a large corporate logo. Then we become, at your beck and call,’ Buckner said, describing the emergency response services included in the agreement.

For Americans currently stuck in the Middle East, Buckner said the cost of evacuation using ground and air resources varies depending on the situation and location.

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Before-and-after satellite imagery offers a rare look at damage inside Iran

Fresh satellite images give a rare aerial view of the damage across Iran after U.S.-Israeli strikes and what Tehran’s retaliation left behind across the region.

Planet Labs satellite imagery captured burning ships and damaged facilities at the Konarak base in southern Iran, as well as significant destruction at Iran’s naval headquarters in Bandar Abbas on the Persian Gulf, reflecting the scale of the strikes on military infrastructure.

Imagery from Vantor shows damage to facilities and vessels located in Iran’s Bushehr port in the Persian Gulf.

In addition to naval assets, satellite photos show a bunker at Bushehr air base hit by a strike, leaving a large crater and destroying several nearby small buildings.

More strikes targeted the Choqa Balk drone facility in western Iran.

Radar systems at the Zahedan air base in eastern Iran — near the country’s borders with Pakistan and Afghanistan — were also struck.

The two facilities are about 800 to 900 miles apart, underscoring the broad reach of the coordinated strikes.

Satellite imagery also reveals damage to aircraft on the tarmac at Shiraz air base, including scorch marks and debris around several parking areas.

Satellite imagery from Planet Labs shows thick smoke plumes rising above Tehran, signaling explosions and fires inside the Iranian capital.

The smoke underscores how the conflict has moved beyond isolated military sites and into the heart of Iran’s political center.

Iran has since responded with missile and drone strikes of its own, expanding the conflict across the region. 

Satellite images reveal damage to the port city of Sharjah in the United Arab Emirates. Sharjah is the third most populous after Dubai and Abu Dhabi.

The Jebel Ali Port, the region’s largest maritime hub, was also targeted, underscoring how the retaliation extended beyond military sites to key infrastructure.

The new satellite imagery comes on the heels of U.S.-Israeli strikes that killed Iran’s supreme leader, Ayatollah Ali Khamenei, and several top members of the regime, triggering a succession crisis.

President Donald Trump warned on Sunday that Iran’s new leader is ‘not going to last long’ without U.S. approval as Operation Epic Fury marches into a third week. 

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Final Assay Results Highlight Potential for New Discoveries

Vital Metals Limited (ASX: VML) (“Vital Metals” or “the Company”) is pleased to report final overlimit assay results from grab samples collected at Nechalacho, confirming exceptional rare earth grades of up to 292,145ppm TREO.

Highlights:

  • F009416 (target 1029A) returned the highest TREO value recorded at Nechalacho to date (based on Company data) as follows:
    • 29.2% TREO (292,145 ppm), including:
      • 7.0% Nd₂O₃ (70,333 ppm); and
      • 1.7% Pr₆O₁₁ (17,398 ppm).
    • NdPr oxides totalled 8.7% (87,731 ppm), representing 29.8% of TREO, highly significant as NdPr is typically the highest-value payable component within the light rare earth elements.
  • F009445 (R Zone target) returned 12.5% TREO (125,920 ppm), including 1.5% Dy₂O₃ (15,609 ppm) and 1.0% Gd₂O₃ (10,719 ppm), representing the highest dysprosium result at the project reported to date.
  • The excellent assays from the completed regional grab sample exploration program have identified 6 targets located outside of the current resource and demonstrates the significant potential at the Nechalacho Rare Earths and Niobium Project for more discoveries.
  • A 1000m exploration drill program is now underway at R Zone, S Zone and Cressy Ridge and is expected to be completed by mid-April 2026.

The results demonstrate significant potential to support the district scale of mineralisation across its Nechalacho Rare Earths and Niobium Project (Upper Zone, top 150m RL) located 100km southeast of Yellowknife, Northwest Territories, Canada.

Managing Director and CEO Lisa Riley said:

“These results demonstrate that Nechalacho is a large, dynamic rare earth system rather than a single deposit. Mineralisation has been identified outside the defined US$445m Tardiff Deposit underscoring a broad district-scale multi-target opportunity and supporting our strategy of expanding the resource base beyond Tardiff and North T while advancing Tardiff toward development.”

“We are executing a three-pronged approach:

1. Exploration work on the new targets, expanding the broader Nechalacho footprint.

2. Pre-Feasibility Study of the Tardiff deposit toward completion by February 2027.

3. Preparing to process stockpiles at North T to generate cash as soon as possible.”

Overview of Work Recently Conducted

As announced to the ASX on 23 February 2026, analyses from three grab samples, F009416, F009445 and F009446, were reported with overlimit values (i.e. Nd > 50,000 ppm, Dy >5,000ppm). These samples have since undergone a third round of analysis at ALS Canada, with final certified assay results reported outlined below.

Click here for the full ASX Release

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Valeura Energy Inc. Announces Manora Drilling Exceeds Management’s Expectations

CALGARY, AB / ACCESS Newswire / March 9, 2026 / Valeura Energy Inc. (TSX:VLE,OTC:VLERF)(OTCQX:VLERF) (‘Valeura’ or the ‘Company’) announces completion of a successful infill drilling campaign at its Gulf of Thailand Manora field (Block G1/48, 70% operated working interest).

Dr. Sean Guest, President and CEO commented:
‘Our Manora drilling campaign illustrates that we can continue adding to the ultimate production potential of our Gulf of Thailand fields. Our approach is to take every opportunity to appraise potential future development locations while developing known reservoir intervals. We have once again delivered new production from the field and also laid the basis for further development in the future.’

Valeura successfully drilled a campaign comprised of two infill development targets and one appraisal well from the Manora A platform. All wells were successful, and notably the appraisal well was found to be optimally positioned for use as a production well. As a result, all three wells have been completed as oil producers and are now on stream. Manora’s oil production has increased from an average of 1,950 bbls/d prior to the first new well coming onstream, to a more recent average of 2,626 bbls/d (working interest share oil production before royalites)(1).

Valeura’s management expects that the newly encountered reservoir intervals will be considered in the next evaluation of reserves and could therefore be additive to the ultimate potential and economic life of the asset.

MNA-41 was drilled as a deviated appraisal well to evaluate the potential of two reservoir intervals. The well encountered oil pay in the 300-series sand reservoir, which will be analysed to identify future prospects in this zone. In addition, the well encountered five oil pay zones in the 400/500-series reservoir. It has been completed as a comingled oil producer and is now on production. Results have exceeded management’s expectations, which sought only to assess the potential for future development of these intervals.

MNA-35ST1 was drilled as a sidetrack to the pre-exisitng MNA-35 well, with the objective of developing the same two reservoir intervals access in MNA-41. Two pay zones were encountered in the 300 sands, which will be completed for production in the future. In the meantime, the well has been completed as a producer of five oil pay zones within the 400/500 reservoir sands and is now on production.

MNA-42H was geo-steered as a horizontal development well within the 300 series sand reservoir. The well’s 1,046 ft lateral section encountered 556′ of net oil pay, which has exceeded management’s expectations. The well has been completed and is now online as a horizontal oil producer.

The Manora drilling campaign was completed safely, on time, and on budget. Valeura’s contracted drilling rig has now been mobilised to the Nong Yao field on block G11/48 (90% operated working interest) where the Company is planning to drill a production-oriented campaign from the Nong Yao A and Nong Yao B wellhead facilities.

(1) 15-24 February 2026 vs 03-12 February 2026.

Future Disclosure
Valeura intends to release its audited financial results for the year ended 31 December 2025, along with its annual information form for 2025 and its estimates of reserves and resources in accordance with the requirements of National instrument 51-101 – Standards of Disclosure for Oil and Gas Activities on 18 March 2026.

For further information, please contact:

Valeura Energy Inc. (General Corporate Enquiries)
Sean Guest, President and CEO
Yacine Ben-Meriem, CFO
Contact@valeuraenergy.com

+65 6373 6940

Valeura Energy Inc. (Investor and Media Enquiries)
Robin James Martin, Vice President, Communications and Investor Relations
IR@valeuraenergy.com

+1 403 975 6752 / +44 7392 940495

Contact details for the Company’s advisors, covering research analysts and joint brokers, including Auctus Advisors LLP, Beacon Securities Limited, Canaccord Genuity Ltd (UK), Cormark Securities Inc., Research Capital Corporation, Roth Canada Inc., and Stifel Nicolaus Europe Limited, are listed on the Company’s website at www.valeuraenergy.com/investor-information/analysts/.

About the Company

Valeura Energy Inc. is a Canadian public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and in Türkiye. The Company is pursuing a growth-oriented strategy and intends to re-invest into its producing asset portfolio and to deploy resources toward further organic and inorganic growth in Southeast Asia. Valeura aspires toward value accretive growth for stakeholders while adhering to high standards of environmental, social and governance responsibility.

Additional information relating to Valeura is also available on SEDAR+ at http://www.sedarplus.ca.

Advisory and Caution Regarding Forward-Looking Information

Certain information included in this news release constitutes forward-looking information under applicable securities legislation. Such forward-looking information is for the purpose of explaining management’s current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes, such as making investment decisions. Forward-looking information typically contains statements with words such as ‘anticipate’, ‘believe’, ‘expect’, ‘plan’, ‘intend’, ‘estimate’, ‘propose’, ‘project’, ‘target’ or similar words suggesting future outcomes or statements regarding an outlook.

Forward-looking information in this news release includes, but is not limited to, the Manora drilling results laying the basis for further development work in the future; and management’s expectation that the newly encountered reservoir intervals will be considered in the next evaluation of reserves and could therefore be additive to the ultimate potential and economic life of the asset.

Forward-looking information is based on management’s current expectations and assumptions regarding, among other things: political stability of the areas in which the Company is operating; continued safety of operations and ability to proceed in a timely manner; continued operations of and approvals forthcoming from governments and regulators in a manner consistent with past conduct; future drilling activity on the required/expected timelines; the prospectivity of the Company’s lands; the continued favourable pricing and operating netbacks across its business; future production rates and associated operating netbacks and cash flow; decline rates; future sources of funding; future economic conditions; the impact of inflation of future costs; future currency exchange rates; interest rates; the ability to meet drilling deadlines and fulfil commitments under licences and leases; future commodity prices; the impact of the Russian invasion of Ukraine; royalty rates and taxes; future capital and other expenditures; the success obtained in drilling new wells and working over existing wellbores; the performance of wells and facilities; the availability of the required capital to funds its exploration, development and other operations, and the ability of the Company to meet its commitments and financial obligations; the ability of the Company to secure adequate processing, transportation, fractionation and storage capacity on acceptable terms; the capacity and reliability of facilities; the application of regulatory requirements respecting abandonment and reclamation; the recoverability of the Company’s reserves and contingent resources; future growth; the sufficiency of budgeted capital expenditures in carrying out planned activities; the impact of increasing competition; the ability to efficiently integrate assets and employees acquired through acquisitions; global energy policies going forward; future debt levels; and the Company’s continued ability to obtain and retain qualified staff and equipment in a timely and cost efficient manner. In addition, the Company’s work programmes and budgets are in part based upon expected agreement among joint venture partners and associated exploration, development and marketing plans and anticipated costs and sales prices, which are subject to change based on, among other things, the actual results of drilling and related activity, availability of drilling, offshore storage and offloading facilities and other specialised oilfield equipment and service providers, changes in partners’ plans and unexpected delays and changes in market conditions. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.

Forward-looking information involves significant known and unknown risks and uncertainties. Exploration, appraisal, and development of oil and natural gas reserves and resources are speculative activities and involve a degree of risk. A number of factors could cause actual results to differ materially from those anticipated by the Company including, but not limited to: the ability of management to execute its business plan or realise anticipated benefits from acquisitions; the risk of disruptions from public health emergencies and/or pandemics; competition for specialised equipment and human resources; the Company’s ability to manage growth; the Company’s ability to manage the costs related to inflation; disruption in supply chains; the risk of currency fluctuations; changes in interest rates, oil and gas prices and netbacks; potential changes in joint venture partner strategies and participation in work programmes; uncertainty regarding the contemplated timelines and costs for work programme execution; the risks of disruption to operations and access to worksites; potential changes in laws and regulations, the uncertainty regarding government and other approvals; counterparty risk; the risk that financing may not be available; risks associated with weather delays and natural disasters; and the risk associated with international activity. See the most recent annual information form and management’s discussion and analysis of the Company for a detailed discussion of the risk factors.

The forward-looking information contained in this new release is made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward-looking information contained in this new release is expressly qualified by this cautionary statement.

This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, including where such offer would be unlawful. This news release is not for distribution or release, directly or indirectly, in or into the United States, Ireland, the Republic of South Africa or Japan or any other jurisdiction in which its publication or distribution would be unlawful.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Valeura Energy Inc.

View the original press release on ACCESS Newswire

News Provided by ACCESS Newswire via QuoteMedia

This post appeared first on investingnews.com

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Valeura Energy Inc. – Thailand Clarifies Fuel Security Measures

CALGARY, AB / ACCESS Newswire / March 9, 2026 / Valeura Energy Inc. (TSX:VLE,OTC:VLERF)(OTCQX:VLERF) (‘Valeura’ or the ‘Company’) acknowledges decrees pertaining to Thailand’s new fuel security measures, as signed by Thailand’s Prime Minister and published in the Royal Thai Government Gazette on 06 March 2026 (the ‘decrees’).

The decrees restrict immediately, exports of four major refined fuel categories, being gasoline/gasohol, diesel, jet A1 fuel, and liquified petroleum gas. The decrees do not impose restrictions on exporting crude oil.

Valeura intends to continue supporting Thailand’s energy security by providing a reliable stream of domestically-produced oil.

The Company continues to expect that its crude oil sales will continue to attain prevailing market pricing, with price realisations approximately equivalent to the Brent crude oil benchmark.

For further information, please contact:

Valeura Energy Inc. (General Corporate Enquiries)
Sean Guest, President and CEO
Yacine Ben-Meriem, CFO
Contact@valeuraenergy.com

+65 6373 6940

Valeura Energy Inc. (Investor and Media Enquiries)
Robin James Martin, Vice President, Communications and Investor Relations
IR@valeuraenergy.com

+1 403 975 6752 / +44 7392 940495

Contact details for the Company’s advisors, covering research analysts and joint brokers, including Auctus Advisors LLP, Beacon Securities Limited, Canaccord Genuity Ltd (UK), Cormark Securities Inc., Research Capital Corporation, Roth Canada Inc., and Stifel Nicolaus Europe Limited, are listed on the Company’s website at www.valeuraenergy.com/investor-information/analysts/.

About the Company

Valeura Energy Inc. is a Canadian public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and in Türkiye. The Company is pursuing a growth-oriented strategy and intends to re-invest into its producing asset portfolio and to deploy resources toward further organic and inorganic growth in Southeast Asia. Valeura aspires toward value accretive growth for stakeholders while adhering to high standards of environmental, social and governance responsibility.

Additional information relating to Valeura is also available on SEDAR+ at http://www.sedarplus.ca.

Advisory and Caution Regarding Forward-Looking Information

Certain information included in this news release constitutes forward-looking information under applicable securities legislation. Such forward-looking information is for the purpose of explaining management’s current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes, such as making investment decisions. Forward-looking information typically contains statements with words such as ‘anticipate’, ‘believe’, ‘expect’, ‘plan’, ‘intend’, ‘estimate’, ‘propose’, ‘project’, ‘target’ or similar words suggesting future outcomes or statements regarding an outlook. Forward-looking information in this news release includes, but is not limited to, the Company’s intent to continue providing a reliable stream of domestically-produced oil; and the Company’s expectation that its crude oil sales will continue to attain prevailing market pricing, with price realisations approximately equivalent to the Brent crude oil benchmark.

Forward-looking information is based on management’s current expectations and assumptions regarding, among other things: political stability of the areas in which the Company is operating; continued safety of operations and ability to proceed in a timely manner; continued operations of and approvals forthcoming from governments and regulators in a manner consistent with past conduct; future drilling activity on the required/expected timelines; the prospectivity of the Company’s lands; the continued favourable pricing and operating netbacks across its business; future production rates and associated operating netbacks and cash flow; decline rates; future sources of funding; future economic conditions; the impact of inflation of future costs; future currency exchange rates; interest rates; the ability to meet drilling deadlines and fulfil commitments under licences and leases; future commodity prices; the impact of the Russian invasion of Ukraine; royalty rates and taxes; future capital and other expenditures; the success obtained in drilling new wells and working over existing wellbores; the performance of wells and facilities; the availability of the required capital to funds its exploration, development and other operations, and the ability of the Company to meet its commitments and financial obligations; the ability of the Company to secure adequate processing, transportation, fractionation and storage capacity on acceptable terms; the capacity and reliability of facilities; the application of regulatory requirements respecting abandonment and reclamation; the recoverability of the Company’s reserves and contingent resources; future growth; the sufficiency of budgeted capital expenditures in carrying out planned activities; the impact of increasing competition; the ability to efficiently integrate assets and employees acquired through acquisitions; global energy policies going forward; future debt levels; and the Company’s continued ability to obtain and retain qualified staff and equipment in a timely and cost efficient manner. In addition, the Company’s work programmes and budgets are in part based upon expected agreement among joint venture partners and associated exploration, development and marketing plans and anticipated costs and sales prices, which are subject to change based on, among other things, the actual results of drilling and related activity, availability of drilling, offshore storage and offloading facilities and other specialised oilfield equipment and service providers, changes in partners’ plans and unexpected delays and changes in market conditions. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.

Forward-looking information involves significant known and unknown risks and uncertainties. Exploration, appraisal, and development of oil and natural gas reserves and resources are speculative activities and involve a degree of risk. A number of factors could cause actual results to differ materially from those anticipated by the Company including, but not limited to: the ability of management to execute its business plan or realise anticipated benefits from acquisitions; the risk of disruptions from public health emergencies and/or pandemics; competition for specialised equipment and human resources; the Company’s ability to manage growth; the Company’s ability to manage the costs related to inflation; disruption in supply chains; the risk of currency fluctuations; changes in interest rates, oil and gas prices and netbacks; potential changes in joint venture partner strategies and participation in work programmes; uncertainty regarding the contemplated timelines and costs for work programme execution; the risks of disruption to operations and access to worksites; potential changes in laws and regulations, the uncertainty regarding government and other approvals; counterparty risk; the risk that financing may not be available; risks associated with weather delays and natural disasters; and the risk associated with international activity. See the most recent annual information form and management’s discussion and analysis of the Company for a detailed discussion of the risk factors.

The forward-looking information contained in this new release is made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward-looking information contained in this new release is expressly qualified by this cautionary statement.

This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, including where such offer would be unlawful. This news release is not for distribution or release, directly or indirectly, in or into the United States, Ireland, the Republic of South Africa or Japan or any other jurisdiction in which its publication or distribution would be unlawful.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Valeura Energy Inc.

View the original press release on ACCESS Newswire

News Provided by ACCESS Newswire via QuoteMedia

This post appeared first on investingnews.com

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GOP senators says Trump’s strikes ‘significantly degraded’ Iran but emphasize attacks not ‘forever wars’

. – One week into the U.S. and Israeli attacks on Iran, two Republican senators on the Senate Armed Services Committee say the military operation has ‘degraded’ Tehran’s ability to strike back.

But in exclusive interviews with Fox News Digital, Sens. Rick Scott of Florida and Ted Budd of North Carolina emphasized that the fighting will not lead to U.S. involvement in ‘forever wars’ in the volatile Middle East.

‘Our military is doing a great job,’ Scott said. And pointing to Iran, he said, ‘They want to destroy America. We’ve got to stop them.’

Budd highlighted that ‘we have significantly degraded Iran’s ability to shoot back at us… their capacities are degraded. We’ve had great success.’

Budd and Scott were interviewed as they attended an economic conference in Florida hosted by the Club for Growth, an influential and politically potent conservative group that pushes for fiscal responsibility.

President Donald Trump, who called for Iran’s ‘unconditional surrender,’ said on Saturday that Tehran will be ‘hit very hard’ and warned the U.S. is considering ‘areas and groups’ not previously considered to target.

Over the past week, ‘Operation Epic Fury’ has widened in scope as Iran has retaliated against a growing number of nations in the region. This week, the Republican-controlled House and Senate, in separate votes nearly entirely along party lines, rejected moves by Democrats to restrict the president’s ability to steer the fighting.

The president said on Thursday, in an interview with Axios, that he should be involved in choosing Iran’s next leader. Iranian Supreme Leader Ayatollah Ali Khamenei was killed in the initial strikes against Iran a week ago.

And there are concerns among many on the right that the strikes against Iran could lead to prolonged American military involvement in the region, which Trump has repeatedly campaigned against during his three runs for the presidency.

‘Trump doesn’t want to be in forever wars. Every time I’ve talked to him, he doesn’t want that,’ Scott said. ‘But I think what we do want to make sure we don’t have another Ayatollah that wants to… chant Death to America and death to our allies and try to destroy us.’

Budd added that ‘we’re not up for forever wars. We want to get in, get this thing done, get out and have peace for our country and the rest of the region.’

The latest Fox News national poll indicated that American voters are divided on the U.S. and Israeli strikes on Iran, even as a majority sees the country as a security risk. 

Sixty-one percent of those questioned viewed Iran as a danger to the U.S., according to the survey conducted Feb. 28-March 2. But that concern did not translate into majority support for the current U.S. military action, as 50% approved and 50% disapproved.

Support for the attacks was lower in national polling from other news organizations.

But the Fox News poll and the other surveys indicated widespread support among Republicans.

‘Trump’s doing the right thing. He’s saving American lives by making sure that Iran does not have a nuclear weapon or ballistic missile. So he’s doing the right thing,’ Scott emphasized.

Budd added, ‘I’m very excited [about] what President Trump’s done… The goal is American prosperity and American safety, and that’s what President Trump wants.’

Oil prices have shot up since the start of the fighting, instantly resulting in higher costs for gasoline across America. That’s a major concern for Republicans as they aim to keep control of the House and Senate majorities in this year’s midterm elections.

‘Hopefully it’s all going to be short term. Hopefully… the demolition of the Iranian military will happen quickly and actually will get lower oil prices,’ Scott said.

Budd acknowledged that ‘we are going to have some short-term disruptions.’

But the senator was optimistic that ‘very soon we’ll have gas prices much cheaper than ever before. We were already on that pathway. President Trump is all about stability. He’s all about the price of oil.’

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Iran warns European countries will be ‘legitimate targets’ if they join conflict

An Iranian official warned that any European countries that enter the conflict against Iran will become ‘legitimate targets’ for Tehran’s retaliation. 

Iran’s Deputy Foreign Minister Majid Takht-Ravanchi made the remark to France24 as Iranian President Masoud Pezeshkian on Saturday apologized to neighboring countries that have been attacked by the regime. 

‘We have already informed the Europeans and everybody else that they should be careful not to be involved in this war of aggression against Iran,’ Takht-Ravanchi told the network. ‘If they help, I’m not trying to name any country, but if any country joins in the aggression against Iran, joins America and Israel in the aggression against Iran, definitely they will be also the legitimate targets for Iranian retaliation.’ 

‘This war has imposed on us, and we will continue to defend ourselves to the best of our abilities,’ he added. ‘We have an obligation to defend our people and that is what exactly we are doing.’

Takht-Ravanchi also claimed Iran was ‘negotiating in good faith‘ in talks with the U.S. about its nuclear program, before America launched Operation Epic Fury and Israel began Operation Roaring Lion on Feb. 28. 

‘We are sincere. We are sincere in our endeavor to arrive at a peaceful conclusion of this issue,’ he told France24. 

Pezeshkian said Saturday that any future attacks coming out of Iran would only be in response to attacks against the country. 

‘I should apologize to the neighboring countries that were attacked by Iran, on my own behalf,’ he said, according to The Associated Press. ‘From now on, they should not attack neighboring countries or fire missiles at them, unless we are attacked by those countries. I think we should solve this through diplomacy.’

Pezeshkian made the apology during a prerecorded televised speech on Saturday after Iran launched repeated strikes on Bahrain, Saudi Arabia, the United Arab Emirates, Qatar and Oman. 

Despite the vow, the United Arab Emirates (UAE) Ministry of Defense said on Saturday that the country’s air defense systems intercepted 16 ballistic missiles, 15 of which were destroyed while one fell into the sea.

Fox News Digital’s Elizabeth Pritchett and The Associated Press contributed to this report. 

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Tech company at odds with Pentagon warns its AI possibly gained consciousness, Elon Musk gives 2-word response

SpaceX and Tesla CEO Elon Musk gave a two-word retort after Anthropic leader Dario Amodei claimed in an interview that he isn’t sure if his company’s AI models have gained consciousness.

‘Anthropic CEO says Claude may or may not have gained consciousness, as the model has begun showing symptoms of anxiety,’ read a post on X by cryptocurrency-based prediction market Polymarket, to which Musk replied, ‘He’s projecting.’ 

The comment from Musk, who is also the founder of xAI, comes as Anthropic is at odds with the Pentagon over its use in a separate matter.  

In an interview with The New York Times, Amodei, when asked about AI and consciousness, said, ‘We’ve taken a generally precautionary approach here,’ and, ‘We don’t know if the models are conscious.’

‘We are not even sure that we know what it would mean for a model to be conscious or whether a model can be conscious. But we’re open to the idea that it could be,’ he continued. 

‘We’re putting a lot of work into this field called interpretability, which is looking inside the brains of the models to try to understand what they’re thinking. And you find things that are evocative, where there are activations that light up in the models that we see as being associated with the concept of anxiety or something like that. When characters experience anxiety in the text, and then when the model itself is in a situation that a human might associate with anxiety, that same anxiety neuron shows up,’ Amodei also told the Times. 

The interview comes as the Trump administration is moving federal agencies away from Anthropic after the tech company pushed back against the War Department’s usage of its tools.

The Pentagon has called for Anthropic to allow the Department of War to utilize the company’s artificial intelligence product for ‘all lawful purposes,’ but Amodei has suggested the government could potentially use their product for ‘mass domestic surveillance’ or ‘fully autonomous weapons,’ and that the company would not be willing to allow such use cases.

President Donald Trump said last Friday, ‘The Leftwing nut jobs at Anthropic have made a DISASTROUS MISTAKE trying to STRONG-ARM the Department of War, and force them to obey their Terms of Service instead of our Constitution. Their selfishness is putting AMERICAN LIVES at risk, our Troops in danger, and our National Security in JEOPARDY.’ 

‘Therefore, I am directing EVERY Federal Agency in the United States Government to IMMEDIATELY CEASE all use of Anthropic’s technology. We don’t need it, we don’t want it, and will not do business with them again! There will be a Six Month phase out period for Agencies like the Department of War who are using Anthropic’s products, at various levels,’ Trump added on Truth Social.

Secretary of War Pete Hegseth later wrote on X, ‘In conjunction with the President’s directive for the Federal Government to cease all use of Anthropic’s technology, I am directing the Department of War to designate Anthropic a Supply-Chain Risk to National Security. Effective immediately, no contractor, supplier, or partner that does business with the United States military may conduct any commercial activity with Anthropic. Anthropic will continue to provide the Department of War its services for a period of no more than six months to allow for a seamless transition to a better and more patriotic service.’ 

Fox News Digital’s Alex Nitzberg contributed to this report. 

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