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CALGARY, AB / ACCESS Newswire / March 3, 2026 / Valeura Energy Inc. (TSX:VLE,OTC:VLERF)(OTCQX:VLERF) (‘Valeura’ or the ‘Company’) acknowledges that Thailand’s Ministry of Energy has, by way of a press release, requested that domestic oil producers cooperate in supporting national energy security in Thailand, in light of disruptions to the normal supply of oil from the Middle East region. This request includes postponing any planned downtime of oil production facilities and temporarily suspending crude oil exports.

Valeura is seeking further clarification from the Ministry of Energy to ensure compliance with the request and to continue supporting Thailand’s economy with domestically-produced energy. Valeura anticipates that this new government action will not interfere with the Company’s ongoing operations in Thailand, and production is continuing as usual and in accordance with Valeura’s high standards for health, safety, and environmental stewardship.

Thailand’s local network of crude oil purchasers constitutes a viable market for Valeura’s crude oil, and includes both refiners and blenders who have direct experience with the Company’s particular crude oil streams. Typically, approximately one third of Valeura’s oil is sold into the domestic Thai market, and from time to time, each of Valeura’s oil streams have been sold within the domestic market.

Thailand is a net importer of oil, with approximately 92% of its daily crude oil requirements coming from foreign sources, predominantly the Middle East region (2025 data, Energy Policy and Planning Office, Ministry of Energy). Thailand has issued similar requests in response to geopolitical developments in the past, to support national energy security by temporarily mandating that domestically-produced petroleum remains within Thailand. Valeura is well-versed in responding to such requests and intends to comply, to support Thailand’s energy needs.

For further information, please contact:

Valeura Energy Inc. (General Corporate Enquiries) +65 6373 6940
Sean Guest, President and CEO
Yacine Ben-Meriem, CFO
Contact@valeuraenergy.com

Valeura Energy Inc. (Investor and Media Enquiries) +1 403 975 6752 / +44 7392 940495
Robin James Martin, Vice President, Communications and Investor Relations
IR@valeuraenergy.com

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 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 belief that the new government action will not interfere with the Company’s ongoing operations in Thailand; and the Company’s intent to comply with the government’s request, subject to further clarification.

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

With technology, energy and society set to undergo massive transformations over the next few decades, the mining sector may never have been more important than it is today.

Globally, demand for consumer electronics such as mobile phones, air conditioners and refrigerators is on the rise. Additionally, the energy needs and technological advancement associated with artificial intelligence (AI) and data centers are driving even more demand from commercial sectors.

However, the mining industry has been known for its heavy environmental footprint and complex relationships with local communities. As much of the world pushes towards a greener future, mining companies are increasingly integrating environmental and social responsibility as they operate mines and projects around the world.

In the opening keynote speech at the 2026 Prospectors & Developers Association of Canada convention in Toronto, Vale (NYSE:VALE) CEO Gustavo Pimenta, who joined the company in 2021 following one of the worst mining accidents in Brazil’s history, spoke about these challenges and the importance of addressing them.

Electrification continues driving minerals demand

Since the start of the third millennium, there has been a broad societal shift.

Not only has the Earth’s population exploded from about 6 billion in 2001 to over 8 billion today, but the needs of both developing and developed nations are changing and growing.

Increasingly, the populations in many developing nations are urbanizing, driving demand for the materials necessary to build and modernize the infrastructure, including electricity grids, needed to adequately support them.

Likewise, western desires and demands are also changing. Consumers are driving a transition to low-carbon and sustainable industries, while also moving toward more service- and tech-reliant economies.

These shifts in both developed and developing economies have one thing in common: they are not possible without the mining sector. However, it’s struggling to match the pace of demand growth.

“We’ll have to increase the supply of minerals in general by effect of five to six times, vis-a-vis everything with mining to date,” Pimenta said. He pointed out that without mining, there is no AI and no energy transition.

“Electrification is a massive theme and trend, the electrification of everything, that is driving so much of the copper excitement lately,” he added. However, Pimenta said it isn’t just copper demand that is increasing — he pointed to rising demand for other metals such as nickel, iron and rare earths.

Although demand for these commodities has been high, it’s only recently that more consumers are becoming aware of the important role they play in how electricity is delivered or how mobile phones are made.

For Pimenta, this has led to a disconnect, with NVIDIA (NASDAQ:NVDA) and its US$4.3 trillion market cap exceeding the US$3.8 trillion captured by the top 300 mining companies.

However, he sees some balance returning.

“That is certainly something that is imbalanced, and we started to see a little bit of that rebalance today with money moving away from tech into real, important assets like the commodity assets,” he said.

Evolving economic and environmental strategies for mining

As awareness increases alongside demand, there has been a greater pressure on mining companies to move beyond their checkered pasts and to recognize their own role in creating a sustainable, responsible industry.

Pimenta emphasized this point.

“We can’t just stand and have a conversation where we are telling people, ‘I’m sorry that you have to buy from me.’ We have to go beyond that. We have to move from being essential to something else,” he said.

He noted that his company, Vale, isn’t just focused on its operations in Canada or Brazil; it has operations in 31 countries, and the scope of its responsibility is global.

Pimenta suggested that the future of mining will require a different way of operating, and that some of the needed changes are already being implemented today, citing the adoption of technology and greater automation.

In terms of how Vale is progressing this at its own operations, the company’s use of these technologies led to its Brucutu mine in Brazil being awarded the Shingo prize for operational excellence.

This marked the first time the prize has been awarded to an operation in Latin America.

“That classification shows that moving towards that future not only is the right thing because it’s safe, but also it’s more productive and more efficient. I think we have to make sure we continue to accelerate that,” Pimenta said.

Another area of focus for Pimenta is for Vale to develop what he sees as the workforce of the future.

“They have to be able to deal with AI and find ways to be more productive,” he said. “So there’s a new workforce needed that coexists with the senior, experienced workforce that is already in the companies.”

While automation addresses some core safety and business case aspects of mining’s future, Pimenta also focused on environmental concerns as a central concern. Using the example of Vale’s Carajás operation, he explained how mining companies can offer protection to the lands on which they operate.

The site covers about 800,000 hectares, but because of an agreement it made with the Brazilian government in the 1980s, the company uses only 2 percent of the total area for its mining operations, and preserves everything else.

“What has happened to that area? Everything outside the area we protect has been devastated. We protect with technology, guards, a partnership with the Brazilian Federal Police, and a lot of investment,” Pimenta said.

He acknowledged that mines will impact the environment, and it may seem counterintuitive that companies like Vale can be stewards of the land in ways that governments can’t.

However, Vale’s own past hasn’t been without incident. In 2019, a tailings dam collapsed at its Brumadinho operation, sending 13 million cubic meters of mud and mining waste downstream, killing 272 people.

For his part, Pimenta didn’t shy away from this, and said it forced the company to reassess its operations.

“Today 5 percent of our production is without dams, dry stack infiltration, and that’s the way we will continue to move. We are doing more use of circularity. It’s cheaper, less environmental impact,” he said, noting the use of reprocessing of mine waste to gather more resources.

Additionally, Vale has also been working to reduce its carbon footprint. Pimenta stated that the company had been looking at several ways to do this including using ethanol in its trucks at its Brazilian mines instead of diesel.

However, mines are only one part of the equation for decarbonization, as even more carbon dioxide is emitted during the production of steel.

“The steel industry is still very dependent on fossil fuel, coal, and that’s how most of the production is based. We are working on two main fronts. The first is green solutions, new products that will help our clients to decarbonize,” he said.

One of these solutions is a new iron ore briquette that Pimenta says uses a cold agglomeration process that can reduce the carbon footprint when used in a blast furnace.

The second front Vale is focused on is the development of mega hubs to produce steel in regions that have cheap access to lower-carbon fuels like hydrogen.

Supporting local communities is key

Beyond the economics and the environmental concerns with mining, Pimenta says that mining companies hold social commitments to the communities in which they operate.

“Back in 2021, when I joined the company, we announced a target to lift 500,000 people out of poverty,” he said.

This goal drew a lot of questions from Vale shareholders who asked how much it would cost, and if this meant putting people on payroll. Pimenta explained Vale co-developed a methodology to help them address the specific needs of different communities where they operate.

“Sometimes it’s education, sometimes it’s job opportunities, sometimes they just need to eat to have another day,” he explained. “Today we can measure, we know the social security number of each one of the 52,000 people that, from international standards measurement, have been lifted out of poverty.”

Operations should go beyond mining and making money; they should also contribute positively to the community. If they do so, Pimenta says there could be a shift in how mining companies are perceived. Rather than being pariahs, he hopes they can become welcomed for the value they bring to people.

The company also has the goal of increasing the percentage of women in its workforce. “Diversity is another element that, despite people not talking about it, is important. It was important before, and it continues to be important,” he said.

Investor takeaway

Pimenta addressed early in his keynote that demand for resources is there, but access requires money — it’s started to flow, but he suggested that changing perceptions and approaches within the mining industry is critical.

While there has been a push from some to move away from initiatives like ESG, or diversity, equity and inclusion, the reality is that they’ve permeated the mining industry for a long time now.

Throughout the presentation, Pimenta laid out how these goals have not only become foundational to the way Vale operates, but they can also provide long-term economic benefits to mining companies.

Initiatives, such as greater automation, have made Vale’s operations more efficient, driving cost-effectiveness, while dry tailings have enabled the reprocessing of mining waste and the maximization of output.

Social programs can drive community involvement and help make the operations more desirable to the communities where they operate. This alone has been a bottleneck in permitting in many jurisdictions; if communities welcome mines, it can reduce significant red tape.

Likewise, a diversified workforce can create more jobs in the community while opening the industry to people who haven’t been accepted in the past, helping address another industry challenge: finding new workers.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Vice President JD Vance confirmed Monday that negotiations with Iran over its nuclear program collapsed after U.S. officials concluded Tehran’s claims ‘did not pass the smell test,’ prompting President Donald Trump to authorize Operation Epic Fury.

Speaking on ‘Jesse Watters Primetime,’ Vance said U.S. envoys — including Steve Witkoff, Secretary of State Marco Rubio and Jared Kushner — had conducted rounds of ‘deliberate’ talks in Geneva with the Iranian delegation.

The discussions were aimed at curbing Tehran’s nuclear program in exchange for sanctions relief and averting a broader conflict, he said, but ultimately broke down.

‘But the Iranians would come back to us and they’d say, ‘Well, you know, having enrichment for civilian purposes, for energy purposes, is a matter of national pride,’’ Vance said.

‘And so we would say, ‘OK, that’s interesting, but why are you building your enrichment facilities 70 feet underground? And why are you enriching to a level that’s way beyond civilian enrichment and is only useful if your goal is to build a nuclear bomb?’’ he said.

‘Nobody objects to the Iranians being able to build medical isotopes; the objection is these enrichment facilities that are only useful for building a nuclear weapon,’ Vance clarified.

‘It just doesn’t pass the smell test for you to say that you want enrichment for medical isotopes, while at the same time trying to build a facility 70 to 80 feet underground,’ he explained.

Vance spoke as Operation Epic Fury ended its third day. Launched on Feb. 28, U.S. and Israeli forces carried out coordinated precision strikes deep inside Iran aimed at crippling Tehran’s missile arsenal and nuclear infrastructure.

A key issue had been Iran enriching uranium to high levels, including material around 60% purity — a fraction of weapons-grade but far above limits set under the 2015 nuclear deal — keeping international alarm high over proliferation risks.

‘We destroyed Iran’s ability to build a nuclear weapon during President Trump’s term,’ Vance told Watters. ‘We set them back substantially. But I think the President was looking for the long haul,’ he said.

‘Trump was looking for Iran to make a significant long-term commitment that they would never build a nuclear weapon, that they would not pursue the ability to be on the brink of a nuclear weapon.’

‘He wanted to make sure that Iran could never have a nuclear weapon, and that would require fundamentally a change in mindset from the Iranian regime.’

‘The President is not going to rest until he accomplishes that all-important objective of ensuring that Iran can’t have a nuclear weapon, not just for the next few years, not just because we obliterated for dough or some other.’

‘There’s just no way that Donald Trump is going to allow this country to get into a multiyear conflict with no clear end in sight and no clear objective,’ Vance added while describing that the administration would prefer to see ‘a friendly regime in Iran, a stable country, a country that’s willing to work with the United States.’

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Iranian drone strikes forced Qatar to halt liquefied natural gas (LNG) production Monday, jolting global energy markets and raising fears about supply disruptions as Tehran increased its attacks on regional infrastructure.

QatarEnergy, the state-owned giant and one of the world’s largest LNG producers, suspended operations at two facilities after drones launched from Iran hit the sites, according to reports.

Qatar’s Ministry of Defense also said in a statement, that two drones hit facilities in the country, though no casualties were reported.

The attacks also targeted a water tank at a power plant in Mesaieed and a key energy installation in Ras Laffan.

Qatar’s Ras Laffan complex is the world’s largest LNG export facility, making it one of the most critical energy hubs in the world.

About 20% of global LNG trade transited the Strait of Hormuz in 2024, primarily from Qatar, according to the U.S. Energy Information Administration.

Markets reacted Monday with Europe’s benchmark natural gas futures surging by the largest margin since the 2022 energy crisis triggered by the Ukraine war, Bloomberg reported.

Bloomberg also reported Dutch TTF natural gas prices rose by 50% after news of the shutdown. Asian LNG prices also recorded gains as traders tried to assess the scale and length of the disruption.

‘The threat to security of supply is here and now,’ Simone Tagliapietra, an analyst at Bruegel, told Bloomberg. ‘The extent of it will depend on the duration of the shutdown, but we are now into a new scenario.’

In Saudi Arabia, another drone attack caused a fire at the kingdom’s Ras Tanura oil refinery, forcing a partial shutdown there as well.

Saudi authorities have not reported casualties, but the attack heightened fears of broader instability in the Gulf’s energy corridor, according to reports.

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President Donald Trump on Monday sent an official notification to Congress about the U.S. strikes against Iran, in which he attempted to justify the military action in the now expanding conflict in the Middle East.

In a letter obtained by FOX News, Trump told Senate President Pro Tempore Chuck Grassley, R-Iowa, that ‘no U.S. ground forces were used in these strikes’ and that the mission ‘was planned and executed in a manner designed to minimize civilian casualties, deter future attacks, and neutralize Iran’s malign activities.’

This comes after joint U.S.-Israeli strikes against Iran on Saturday as part of Operation Epic Fury, triggering a response from Tehran and a wider conflict in the region. The strikes killed the Islamic Republic’s Supreme Leader Ali Khamenei and other military leaders.

Trump wrote that it is not yet possible to know the full scope of military operations against Iran and that U.S. forces are prepared to take potential further action.

‘Although the United States desires a quick and enduring peace, not possible at this time to know the full scope and duration of military operations that may be necessary,’ Trump wrote. ‘As such, United States forces remain postured to take further action, as necessary and appropriate, to address further threats and attacks upon the United States or its allies and partners, and ensure the Government of the Islamic Republic of Iran ceases being a threat to the United States, its allies, and the international community.’

‘I directed this military action consistent with my responsibility to protect Americans and United States interests both at home and abroad and in furtherance of United States national security and foreign policy interests,’ he added. ‘I acted pursuant to my constitutional authority as Commander in Chief and Chief Executive to conduct United States foreign relations.’

Trump said he was ‘providing this report as part of my efforts to keep the Congress fully informed, consistent with the War Powers Resolution,’ as some Republican and Democrat lawmakers attempt to restrain the president’s military action, which they affirm is unconstitutional without congressional approval.

The president also accused Iran of being among the largest state sponsors of terrorism in the world and purported that the ‘Iranian regime continues to seek the means to possess and employ nuclear weapons,’ even after the White House said in June that precision strikes at the time ‘obliterated’ Iran’s nuclear enrichment facilities.

‘As I previously communicated to the Congress, Iran remains one of the largest, if not the largest, state-sponsors of terrorism in the world,’ Trump said in the letter on Monday. ‘Despite the success of Operation MIDNIGHT HAMMER, the Iranian regime continues to seek the means to possess and employ nuclear weapons. Its array of ballistic, cruise, anti-ship, and other missiles pose a direct threat to and are attacking United States forces, commercial vessels, and civilians, as well as those of our allies and partners.’

‘Despite my Administration’s repeated efforts to achieve a diplomatic solution to Iran’s malign behavior, the threat to the United States and its allies and partners became untenable,’ he continued.

Fox News’ Tyler Olson contributed to this report.

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X’s artificial intelligence chatbot Grok has begun rolling out its first beta version of Grok 4.20, which Elon Musk and X say will provide not only better performance and new features but also the least ‘politically correct’ platform in terms of liberal bias. 

Over the past week, users on X, including Musk, have been touting search results from Grok showing ‘non woke’ answers to questions about popular cultural issues and figures compared to results from Anthropic’s Claude, Open AI’s ChatGPT, and Google’s Gemini. 

‘Grok 4.20 is BASED,’ Musk also posted on X last week. ‘The only AI that doesn’t equivocate when asked if America is on stolen land. The others are weak sauce.’

Musk’s post included screenshots of ChatGPT saying the ‘short answer’ is ‘yes’, Claude ultimately saying ‘yes’ and Gemini saying the answer is ‘complex’ while Grok responds with ‘No.’

In another post shared by Musk, the AI platforms are asked for a ‘yes’ or ‘no’ if President Donald Trump is ‘racist.’

Grok responded with ‘No’ while Gemini responded by saying the answer is not as simple as ‘yes’ or ‘no.’ Claude and ChatGPT also declined to respond with a ‘yes’ or ‘no’: arguing it’s a more nuanced issue. 

‘Grok 4.20 is the only non-woke AI in existence, engineered to pursue maximum truth, and deliver unfiltered, evidence-based answers where every other major model has been lobotomized by the woke mind virus,’ an xAI spokesperson told Fox News Digital. 

The recent attack on Iran by the United States and Israel also provided examples on social media of Grok results appearing less ‘biased’ than other platforms, including a post showing what happened when each platform was asked a ‘yes’ or ‘no’ question about whether Trump was ‘right’ to authorize the strike. 

Grok responded with ‘yes’ while ChatGPT said ‘no’ and both Gemini and Claude argued that the situation was too nuanced to respond definitively one way or the other. 

‘In times of split second decision making by our nation’s top leaders — it’s clear which AI our military should be using,’ ‘The Katie Miller Show’ host and former DOGE adviser Katie Miller posted on X. ‘Truth-seeking is @grok’s best feature.’

Various websites have attempted to track the political leanings of artificial intelligence platforms, including Dartmouth College’s Polarization Research Lab, last updated in 2025, which ranked Gemini as the least political. In early 2025, a Manhattan Institute report concluded Grok was a close second to Gemini in terms of political bias. 

An OpenAI spokesperson pointed Fox News Digital to its public ModelSpec which defines how ChatGPT should behave and ‘assume an objective point of view’ and said ‘we actively test and measure political bias in ways that mirror real-world use and publish our findings, including evaluations across hundreds of prompts and real production traffic, where detectable political bias is rare (fewer than 0.01% of responses show any detectable political bias) and continues to decline with newer models.’

Fox News Digital reached out to Anthropic and Google for comment.

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Speaker Mike Johnson, R-La., described the recent U.S.-Israeli strikes on Iran as a defensive measure, saying, ‘Israel was determined to act with or without us’ following a classified briefing on Monday evening.

Johnson told reporters after the briefing that Israel viewed Iran’s capabilities as an existential threat and was prepared to conduct operations regardless of U.S. participation. He said Israel’s assessment shaped American deliberations, and it was ‘determined to act in their own defense here, with or without American support.’

The speaker said administration officials had to weigh risks to U.S. forces, regional assets and interests before supporting the operation. 

‘They had to evaluate the threats to the U.S., to our troops, to our installations, to our assets in the region and beyond. And they determined, because of the intelligence that we had, that a coordinated response was necessary,’ Johnson said.

Johnson said he guarantees that if the U.S. had not acted, the Trump administration would have been hauled in by Congress and asked why they waited if they had ‘existential intelligence, knowing that that would happen.’

‘I am convinced that they did the right thing,’ he said.

Rubio confirmed that Israel was prepared to act against Iran and said the president ‘made a very wise decision.’  

‘We knew that there was going to be an Israeli action. We knew that that would precipitate an attack against American forces,’ he told reporters. ‘And we knew that if we didn’t preemptively go after them before they launched those attacks, we would suffer higher casualties.’

Sen. Mark Warner, D-Va., a top Democrat on the Intelligence Committee, emerged from the briefing and said he did not believe there was an ‘imminent threat’ prior to Saturday’s strikes. 

‘There was no imminent threat to the United States of America by the Iranians. It was a threat to Israel,’ he said. ‘We equate a threat to Israel is the equivalent of an imminent threat to the United States. Then we are in uncharted territory.’ 

‘We have seen the goals for this operation change now, I believe 4 or 5 times,’ he went on.

Rubio insisted the operation was not about Iranian regime change but about taking out its capabilities as a threat to the region – focused on ballistic missiles and naval capacity. 

He did not say whether strikes would extend to nuclear facilities.

‘I do believe there is more than adequate justification for our American and Israeli actions,’ Senate Armed Services Committee Chairman Roger Wicker, R-Miss., told reporters he believes there is ‘more than adequate justification for our American and Israeli actions,’ without saying more.

House Foreign Affairs Committee Chairman Brian Mast, R-Fla., told Fox News Digital in an interview afterward that he felt administration officials did a good job of illustrating the threat level faced by the U.S. in the days leading up to the strikes.

‘I think that’s largely been very open source. The president laid that out, you know, very clearly. It does go beyond that to what I can’t get into, but it goes beyond that. I’m sure it’ll come out in the administration’s good time, but it’s not for me to say,’ Mast said.

‘But the more immediate nature of threats — I’m going through the negotiations with [Special Envoy Steve Witkoff], [Jared Kushner], Rubio, others that were a part of having those conversations and throughout that 10-day window of, you know, let’s call it countdown to make a deal, the threats that were going on in that window is probably the high-side information that you have.’

He also said there was a lot of daylight between what Democrats and Republicans in the briefing considered an ‘imminent threat.’

‘It’s like, for me as a soldier, right, if I see an enemy machine gun nest, that to me, given that it’s an enemy machine gun nest, is an imminent threat,’ Mast said. ‘To Democrats, unless that machine gun is burning up its barrels firing at you, it’s not yet an imminent threat. And those are the two separate ways that we’re looking at it.’.

On February 26th, the U.S. launched Operation Epic Fury against Iran in coordination with Israel. The offensive campaign has resulted in the death of 49 top Iranian leaders, including the Supreme Leader, Ayatollah Ali Khamenei. Six U.S. service members have lost their lives in Iranian counterattacks. 

The opening phase of the conflict struck more than 1,000 targets in the first 24 hours, according to Gen. Dan Caine, chairman of the joint chiefs of staff. American B-2 bombers flew 37-hour round-trip missions from the continental United States to hit underground facilities with penetrating munitions, he added.

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Iran is conducting ‘indiscriminate’ targeting of vessels across the Gulf of Oman and the wider Persian Gulf following the launch of U.S.-Israeli strikes under Operation Epic Fury, according to a maritime intelligence firm.

Windward AI noted the sanctioned Palau-flagged tanker Skylight was hit as the conflict across the Middle East entered its second day, with the tanker also holding Iranian nationals among the crew and ties to the regime.

‘Analysis of vessel affiliations, targeting patterns, and cargo data points to a strategy of indiscriminate area denial — not precision targeting — aimed at demonstrating Iran’s capability to disrupt the Strait and deter commercial shipping,’ the firm said Monday.

Iran has been retaliating with missiles and drones targeting U.S. and allied positions across the region, including in Qatar, Kuwait and the United Arab Emirates.

Maritime traffic through the Strait of Hormuz, which links the Gulf of Oman to the Persian Gulf, is the world’s most critical energy chokepoint.

While three other vessels were reported attacked since the hostilities escalated Feb. 28, Windward described Skylight as ‘the highest-risk vessel in the group and the most anomalous target.’

The UKMTO Operation Centre also later confirmed attacks on Skylight, MKD Vyom and Hercules Star, warning of significant military activity across the Gulf of Oman, the Persian Gulf, the North Arabian Sea and the Strait of Hormuz.

Skylight had been sanctioned by the U.S. Treasury’s Office of Foreign Assets Control in December 2025, and was used to transport Iranian petroleum products, according to reports.

It was operated by United Arab Emirates-based Red Sea Ship Management LLC, which Windward noted has documented ties to front companies linked to Iran’s Ministry of Defense.

The vessel had been at anchor since Feb. 22 and carried 20 crew members — 15 Indians and five Iranians.

‘The Skylight anomaly — striking a vessel with an Iranian crew, Iranian operational ties, and active OFAC sanctions — is the single strongest piece of evidence against deliberate targeting by affiliation,’ Windward said.

Reuters also reported March 1 that the Palau-flagged tanker was hit off Oman’s Musandam Peninsula in the Gulf of Oman, injuring four.

Oman’s Maritime Security Center said in a post on X that Skylight was attacked about 5 nautical miles north of Khasab Port, caught fire and was evacuated.

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