BBC Sinks To A New Low...

Exxon Weighs Woodside Deal As LNG Becomes Strategic Priority Exxon Mobil is assessing a range of options to expand its global gas business, with Woodside Energy reportedly among the companies being reviewed as potential acquisition candidates, according to Bloomberg. No formal approach has been made, and internal evaluations remain preliminary. Both companies have declined to comment. Bloomberg writes that Woodside offers several strategic advantages for Exxon. As a leading LNG producer with established relationships across key Asian markets, the Australian company would provide immediate scale in a sector where Exxon has historically...

Trump Warns 'Activity' Seen At Iran's Pickaxe Mountain Nuclear Site: 'Don't Get Cute' This week there's been more mainstream reporting and chatter centered on Iran's Pickaxe Mountain. The nuclear development site has been of special interest and focus to the Trump administration due to how immensely fortified it is, meaning the Iranians can conduct uranium enrichment activities deep under the mountain if they so desire. The US and IAEA are essentially operating blind on this, and that's exactly how the Iranians want it of course. A Thursday Bloomberg report begins: "The...

Tehran Says US Seeks Step-by-Step Agreement After Trump Claims 'Iran Wants To Make A Deal' Summary 'Deal' headlines return: US seeks "Step-by-Step" agreement with Iran, reports state media. Houthis seized more Red Sea territory, including Perim Island near the Bab al-Mandab Strait. Shipping risks are rising, with vessels avoiding the Red Sea and taking longer routes around Africa. Iran-Gulf diplomacy was postponed, delaying efforts to address the Strait of Hormuz crisis in what was to be a rare GCC-Iran meeting. Saudi oil exports face ongoing disruption after a pipeline shutdown, pushing oil prices above $100/barrel. Trump...