Iran Threatens Direct Attack on Israel

Politics, Geopolitics & Conflict

– In the continuation of the Gaza “resettlement” talk emanating from Washington, Israeli media is now suggesting Libya as an ideal resettlement location for the residents of Gaza. Media is proposing this as an alternative to resettling in Egypt or Jordan. Arab leaders were set to meet behind closed doors in Riyadh on Friday, in a bid to come up with a plan to counter Trump’s Gaza occupation and resettlement proposal.

– In Iran, Revolutionary Guards commanders have threatened a direct attack on Israel. Based on the references made to “True Promise” attacks, an attack by Iran (should it come to fruition) would likely be similar in scale to the previous “True Promise” attacks in April and October last year. In other words, not meant to be destructive, but meant to be a deterrent and a message for the domestic audience as well.

Discovery & Development

– Petrobras (PETR4.SA) struck oil again at the Buzios field, strengthening Brazil’s offshore pre-salt dominance. The latest find at well 9-BUZ-99D-RJS, sits deeper than the main reservoir, signaling more untapped potential. Buzios is Brazil’s second-largest oil field, and Petrobras—holding nearly 90% of the project alongside CNOOC and CNPC—plans further testing at 5,600 meters to assess reservoir potential. It’s another win for Petrobras and its Chinese partners.

– ExxonMobil (NYSE:XOM) has submitted its environmental impact assessment (EIA) for the Hammerhead…