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Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ) (‘BRW’ or the ‘Corporation’) is pleased to announce that as a result of strong investor demand, it has increased the maximum gross proceeds of its previously announced non-brokered private placement from $4,000,000 to $5,500,000 (the ‘Offering’). The upsized Offering now consists of the sale of up to 22,000,000 units of the Corporation (‘Units’) at a price of $0.25 per Unit. For more information about the Offering, please refer to the Corporation’s news release dated February 25, 2026.

Mr. Killian Charles, President & CEO of BRW, commented: ‘With these additional funds, we will accelerate the consolidation of multiple targets across several jurisdictions that we have identified as high-priority alongside the advancement of our Quebec portfolio. We look forward to sharing the result of these initiatives as rapidly as possible over the coming weeks.’

Each Unit will consist of one common share of the Corporation and one half of one common share purchase warrant (each whole warrant, a ‘Warrant‘). Each Warrant will entitle the holder thereof to purchase one common share of the Corporation at a price of $0.35 at any time for a period of 36 months following the Closing Date (as defined herein).

The Offering is conducted pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the ‘Listed Issuer Financing Exemption‘). The securities issued under the Listed Issuer Financing Exemption are expected to be immediately freely tradeable under applicable Canadian securities legislation if sold to purchasers resident in Canada.

There is an amended and restated offering document related to the upsized Offering that can be accessed under the Corporation’s profile at www.sedarplus.ca and on the Corporation’s website at www.brwexplo.ca. Prospective investors should read this offering document before making an investment decision.

The Offering is expected to close on or about March 18, 2026 (the ‘Closing Date‘) and is subject to customary conditions including the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act, as amended or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Brunswick Exploration Inc.

Brunswick Exploration is a Montreal-based mineral exploration company listed on the TSX-V under symbol BRW. The Corporation is focused on grassroots exploration for lithium in Canada, a critical metal necessary to global decarbonization and energy transition. The Corporation is rapidly advancing the most extensive grassroots lithium property portfolio in Canada, Greenland and Saudi Arabia underpinned by its Mirage project, one of the largest undeveloped hard-rock lithium Inferred Mineral Resource Estimate in the Americas, with 52.2Mt grading 1.08% Li2O.

Investor Relations/information

Mr. Killian Charles, President and CEO
Phone: (514) 861-4441
Email: info@BRWexplo.com

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Generally, forward-looking information can be identified using forward-looking terminology such as ‘plans’, ‘seeks’, ‘expects’, ‘estimates’, ‘intends’, ‘anticipates’, ‘believes’, ‘could’, ‘might’, ‘likely’ or variations of such words, or statements that certain actions, events or results ‘may’, ‘will’, ‘could’, ‘would’, ‘might’, ‘will be taken’, ‘occur’, ‘be achieved’ or other similar expressions. Such forward-looking information includes, but is not limited to, statements concerning the completion of the Offering and the date of such completion, and approval of the TSX Venture Exchange. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information including, without limitation, risks and uncertainties relating to mining exploration, delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; the other risks involved in the mineral exploration industry; and those risks set out in the Corporation’s public documents filed on SEDAR+ at www.sedarplus.ca. Although the Corporation believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Corporation disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

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

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Virtual Investor Conferences, the leading proprietary investor conference series, announced that the presentations from the March 5th Clean Energy & Renewables Virtual Investor Conference are now available for on-demand viewing.

REGISTER AND VIEW PRESENTATIONS HERE

The company presentations will be available 24/7 for 90 days. Investors, advisors, and analysts may download investor materials from the company’s resource section.

Select companies are accepting 1×1 management meeting requests through March 10th.   

Please Schedule 1×1 Meetings here

March 5th:

Presentation Ticker(s)
Bimergen Energy Corporation (NYSE American: BESS) 
Hillcrest Energy Technologies Ltd. (OTCQB: HLRTF | CSE: HEAT) 
P2 Solar, Inc. (OTCID: PTOS)
EverGen Infrastructure Corp. (OTCQB: EVGIF | TSXV: EVGN) 
Cielo Waste Solutions Corp. (OTCQB: CWSFF| TSXV: CMC)
Rzolv Technologies Inc. (OTCQB: RZOLF | TSXV: RZL,OTC:RZOLF)
Stardust Solar Energy Inc. (OTCQB: SUNXF | TSXV: SUN)
Waste Energy Corp. (OTCQB: WAST)

To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.

About Virtual Investor Conferences®

Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

Media Contact: 
OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com

Virtual Investor Conferences Contact:
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com

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(TheNewswire)

 

GRANDE PRAIRIE, ALBERTA TheNewswire – March 6, 2026 – Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’)  announces the completion of all final payments and closing of the sale of its 40% participating interest (the ‘Assets’) in the Evesham Macklin oil and gas lands in Saskatchewan. The transaction has received conditional approval from the TSX Venture Exchange.

 

As previously announced (Angkor Resources SIGNS DEFINITIVE AGREEMENT TO SELL EVESHAM OIL PRODUCTION – Angkor Resources Corp,) January 5, 2026), the Company’s wholly-owned subsidiary, EnerCam Exploration Ltd. (the ‘Vendor’), entered into an Agreement of Purchase and Sale dated December 31, 2025 (the ‘Agreement’) with 2196231 Alberta Ltd., an arm’s length party (the ‘Purchaser’), for the disposition of the Assets at a purchase price of $4,800,000.

All payments under the Agreement have now been received and deposited into the Company’s accounts, including:

(a)  a $250,000 non-refundable deposit paid on December 19, 2025;

(b)  a payment of $375,000 paid on January 30, 2026;

(c)  the balance of the Loan of $3,800,000, applied to the purchase price on closing;

(d)  a final payment of $375,000 received on March 1, 2026; and

(e)  all profit entitlements and operating and capital commitments under the Assets after October 1, 2025 have accrued to the Purchaser.

The sale of the oil and gas assets was a strategic decision that removed a debt of $3,800,000 off the books and provided the Company with $1,000,000 in net proceeds. Shareholder approval for the disposition was obtained at the Annual General and Special Meeting of Shareholders held on January 29, 2026, where over 99% of the votes cast were in favour of the transaction.

 

Delayne Weeks, CEO, commented ‘We are pleased to announce the successful closing of the Evesham disposition. This transaction eliminates $3,800,000 in debt and provides the Company with additional working capital. We can now focus our resources and efforts on advancing our Cambodian onshore Block VIII oil and gas project and our mineral exploration programs, which represent the highest potential for growth and value creation for our shareholders.  Discovering oil and gas in Cambodia as a new jurisdiction is a country changer. It brings energy independence to the entire nation, significantly reduces the imports of hydrocarbon based energy, and develops a very significant sector of new skillset development and employment opportunities.’

ABOUT Angkor Resources CORPORATION:

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Cambodia.  

The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds two mineral exploration licenses in Cambodia with multiple prospects in copper and gold.  Both licenses are in their first two-year renewal term.    

Its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 7300 square kilometres in the southwest quadrant of Cambodia called Block VIII.   The company then removed all parks and protected areas and added 220 square kilometres, making the license area just over 4095 square kilometres.  EnerCam is actively advancing oil and gas exploration activities onshore to meet its mission to prove Cambodia as an oil and gas producing Nation.  Having completed seismic in 2025, the Company has identified multiple drill targets and advances an Environmental Impact Assessment and drilling plans to drill Cambodia’s first onshore oil & gas exploratory wells.

CONTACT:   Delayne Weeks – CEO

Email:-   info@angkorresources.com   Website: angkorresources.com  

Telephone: +1 (780) 831-8722

Please follow @AngkorResources on , , , Instagram and .

 

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

_____________________________________

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’ or ‘anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. This information and these statements, referred to herein as ‘forward‐looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the anticipated benefits of new leadership expertise, and the Company’s plans to develop its resources and create shareholder value.

In making the forward-looking statements in this news release, the Company has applied certain material assumptions, including without limitation, that the Company will successfully advance the development of its resources and that such efforts will result in creating shareholder value.

These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, that the Company will not advance the development of its resources and that the Company will not create shareholder value.

 

Copyright (c) 2026 TheNewswire – All rights reserved.

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Here’s a quick recap of the crypto landscape for March 6 as of 2:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin (BTC) was priced at US$69,321.36 down by 5.3 percent over the last 24 hours.

Bitcoin price performance, March 6, 2026.

Chart via TradingView

Ether (ETH) was priced at US$2,017.05, down by 5.6 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.37, down by 4.5 percent over 24 hours.
  • Solana (SOL) was trading at US$86, down by 6.3 percent over 24 hours.

Today’s crypto news to know

NYSE parent backs crypto exchange in US$25 billion deal

Wall Street’s push deeper into digital assets gathered pace after Intercontinental Exchange (ICE) agreed to acquire a stake in crypto exchange OKX in a deal valuing the platform at about US$25 billion.

ICE, the parent company of the New York Stock Exchange, will also take a seat on OKX’s board, according to a company statement.

The agreement comes roughly a year after OKX pleaded guilty to a felony and paid about US$504 million in penalties over allegations it processed more than US$1 trillion in US customer transactions without a license.

Despite that history, executives say the new partnership signals a shift toward regulatory alignment. ICE executive Michael Blaugrund said on-chain systems will increasingly play a role in clearing, settlement, and capital formation.

Bitcoin ETF outflows persist

Spot Bitcoin exchange-traded funds recorded US$227.9 million in net outflows on Thursday (March 5), marking the largest single-day withdrawal in roughly three weeks.

The redemptions coincided with Bitcoin slipping back below US$70,000 after briefly climbing near $US73,000 earlier in the week.

Despite this, analysts say the broader trend may be stabilizing as institutional investors quietly reposition. Data tracked by Glassnode shows the 14-day ETF net-flow trend turning positive, while the 30-day change in ETF positions has stabilized near 23,943 after plunging into deeply negative territory earlier this year.

Pudgy Penguins faces trademark challenge from apparel brand

The crypto-native brand behind the popular Pudgy Penguins NFT collection is facing a trademark lawsuit from the company that owns the Original Penguin clothing label.

PEI Licensing, which has used penguin imagery in apparel since the 1950s, alleges the NFT brand’s logos and trademarks could confuse consumers and infringe on its long-standing intellectual property rights.

Filed in federal court in Florida, the complaint claims Pudgy Penguins’ use of similar penguin imagery and trademark applications for phrases tied to its brand violate fair-competition laws. The plaintiff says the similarities between apparel and merchandise sold by both companies could lead buyers to believe the two brands are affiliated.

PEI is seeking financial damages, the rejection of certain trademark filings, and the destruction of products bearing allegedly infringing designs.

Pudgy Penguins has expanded beyond NFTs into a broader consumer brand, launching a Solana-based token and distributing physical toys through major retailers including Walmart and Target. The toy line alone reportedly generated more than US$10 million in sales within its first year.

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

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

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Nuvau Minerals Inc. (TSXV: NMC,OTC:NMCPF) (the ‘Company’ or ‘Nuvau’) is pleased to announce that it has closed the second and final tranche of its previously announced brokered private placement pursuant to which the Company issued (i) an aggregate of 7,928,523 common shares of the Company (each, a ‘FT Share’) that qualify as ‘flow-through shares’ within the meaning of the Income Tax Act (Canada) (the ‘Tax Act’), at an issue price of $0.90 per FT Share, for gross proceeds of $7,135,670.70, and (ii) an aggregate of 320,000 units of the Company (each, a ‘Unit’), at a price of $0.80 per Unit, for gross proceeds of $256,000 (together, the ‘Offering’). Together with the closing of the first tranche of the Offering on February 25, 2026, the Company has raised an aggregate of $21,368,670.70 in gross proceeds. Each Unit is comprised of one common share of the Company (each, a ‘Common Share’) and one-half of one transferrable common share purchase warrant of the Company (each whole warrant, a ‘Warrant’), with each Warrant entitling the holder thereof to purchase one Common Share at a price of $1.30 per Common Share until February 25, 2029.

The gross proceeds of the Offering will be used by the Company to incur eligible ‘Canadian exploration expenses’ (as defined in the Tax Act), which will qualify as ‘flow-through mining expenditures’ or as ‘flow-through critical mineral mining expenditures’ (‘FTCMME‘) (each as defined in the Tax Act) (the ‘Qualifying Expenditures‘). At least 30% of the Qualifying Expenditures to be renounced to each subscriber of FT Shares will qualify as FTCMME, with certain subscribers being entitled to the renunciation of a higher percentage of Qualifying Expenditures that qualify as FTCMME. All Qualifying Expenditures will be incurred by the Company on or before December 31, 2027, and will be renounced in favour of the subscribers of the FT Shares with an effective date on or before December 31, 2026.

The Offering was co-led by Clarus Securities Inc. and Integrity Capital Group Inc., as co-lead agents and co-lead bookrunners (together, the ‘Agents‘). In consideration for the Agents’ services, the Company paid the Agents a cash commission equal to 6.0% of the gross proceeds of the Offering (the ‘Cash Fee‘), provided that the Company paid a reduced Cash Fee of 3.0% in respect of the gross proceeds raised from sales to purchasers included on a president’s list formed by the Company in consultation with the Agents (the ‘President’s List Purchasers‘). In addition, the Company agreed to issue to the Agents such number of non-transferable compensation options of the Company (the ‘Compensation Options‘) as is equal to 6.0% of the aggregate number of FT Shares and/or Units sold under the Offering; provided that such number of Compensation Options was reduced to 3.0% of number of FT Shares and/or Units sold to President’s List Purchasers. Each Compensation Option entitles the holder thereof to purchase one Unit at a price of $0.80 per Unit at any time and from time to time until March 6, 2029.

In connection with the Offering, a director of the Company subscribed for an aggregate of 444,444 FT Shares for aggregate gross proceeds of $444,444. Each subscription by an ‘insider’ is considered to be a ‘related party transaction’ for the purposes of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘). The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101. Specifically, the Company is exempt from the formal valuation requirement in section 5.4 of MI 61-101 in reliance on section 5.5(a) of MI 61-101 as the fair market value of the transaction, insofar as it involves insiders, is not more than 25% of the Company’s market capitalization. Additionally, the Company is exempt from minority shareholder approval requirement in section 5.6 of MI 61-101 in reliance on section 5.7(1)(a) of MI 61-101 as the fair market value of the transaction, insofar as it involves insiders, is not more than 25% of the Company’s market capitalization. The Company did not file a material change report more than 21 days before the expected closing date of the Offering as the details of the Offering and the participation of insiders therein was not settled until shortly prior to the closing of the Offering, and the Company wished to close the Offering on an expedited basis for sound business reasons.

All securities issued under the Offering are subject to a hold period expiring four months and one day from the date hereof. The Offering remains subject to final acceptance of the TSX Venture Exchange.

The securities offered have not been registered under the U.S. Securities Act, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

About Nuvau

Nuvau is a Canadian mining company, incorporated under the OBCA, currently in the exploration and development phase. Nuvau’s principal asset is the Matagami property, located in Abitibi region of central Québec, Canada. The Matagami property was acquired from Glencore Canada Corporation on March 1, 2026, pursuant to the terms and conditions of a second amended and restated earn-in agreement dated January 28, 2026, among Nuvau, Nuvau Minerals Corp. and Glencore Canada Corporation.

Further Information

All information contained in this news release with respect to the Company was supplied by the respective party for inclusion herein, and each party and its directors and officers have relied on the other party for any information concerning the other party.

For further information please contact:

Nuvau Minerals Inc.
Peter Van Alphen
President and CEO
Telephone: 416-525-6063
Email: pvanalphen@nuvauminerals.com

Cautionary Statements

This news release contains forward-looking statements and forward-looking information (collectively, ‘forward-looking statements‘) within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward- looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘will’, ‘estimates’, ‘believes’, ‘intends’, ‘expects’ and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning the proposed use of proceeds of the Offering, and the Company’s ability to obtain final exchange approval for the Offering. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company, including expectations and assumptions concerning the Company and the Matagami property. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286499

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Listen up, flyers: United Airlines said it will start removing passengers from flights who refuse to wear headphones while listening to content on their personal devices, and such behavior could lead to a permanent ban.

The airline revised its contract of carriage on Feb. 27 to include the new provision, which sits under the ‘refusal of transport’ section that outlines the instances in which United can boot its passengers from flights.

According to the document, United reserves the right to refuse transport — on a permanent basis — to any passenger who listens to their entertainment on speaker.

It also states that any passenger who causes United ‘any loss, damage or expense of any kind,’ may be responsible for reimbursing the airline.

‘We’ve always encouraged customers to use headphones when listening to audio content — and our Wi-Fi rules already remind customers to use headphones,’ United said in a statement. ‘With the expansion of Starlink, it seemed like a good time to make that even clearer by adding it to the contract of carriage.’

Passengers who forgot their headphones at home can request a free pair on their flight, if they’re available, according to United’s in-flight entertainment information.

The move inspired a strong reaction online.

‘One would think this is common sense and airlines would have in their rules,’ said one Reddit user. ‘Now let’s have the same rule for airline lounges.’

Others complained that this has become increasingly common on flights, especially among those with small children.

‘As a flight attendant; we have to tell people literally every flight,’ another person said on Reddit. ‘It makes our jobs harder when we’re stuck policing common courtesy instead of just focusing on service & safety.’

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Iran launched a new wave of attacks on Thursday, with explosions reported in the region and Tehran threatening that the U.S. would ‘bitterly regret’ sinking an Iranian warship.

Iran’s strikes on Thursday targeted Israel, American bases and countries in the region. Israel announced multiple incoming missile attacks as air raid sirens blared in Tel Aviv and Jerusalem.

Azerbaijan’s Ministry of Defense on Thursday said Iran used unmanned aerial vehicles (UAVs) in an attack on Nakhchivan International Airport and other civilian infrastructure. The ministry said the details of the attack and the capabilities of the UAVs were being investigated.

‘The Ministry of Defense of the Republic of Azerbaijan strongly condemns the attacks carried out by the armed forces of the Islamic Republic of Iran against civilian infrastructure on the territory of Azerbaijan in the absence of any military necessity. The Islamic Republic of Iran bears the entire responsibility for the incident,’ the ministry’s statement read.

Iran has not acknowledged targeting Azerbaijan, despite the country’s ministry of defense pointing the finger at Tehran.

Qatar evacuated residents near the U.S. Embassy in Doha on Thursday, with its Ministry of Defense confirming that the country was ‘subjected to a missile attack’ and that its air defense systems were able to intercept it. The ministry urged the public to remain calm and avoid unofficial information.

Abu Dhabi announced that its authorities were responding to an incident involving falling debris in ICAD 2, which is part of the Industrial City of Abu Dhabi. Six people, identified by Abu Dhabi as Pakistani and Nepali nationals, suffered minor to moderate injuries.

Iran has carried out retaliatory strikes since the launch of Operation Epic Fury, with the latest wave coming one day after the U.S. sunk an Iranian warship, killing at least 87 Iranian sailors. Sri Lankan navy spokesman Cmdr. Buddhika Sampath said 32 people were rescued from the wreck and were admitted to a hospital.

Secretary of War Pete Hegseth defended the move during a news briefing at the Pentagon.

‘An American submarine sunk an Iranian warship that thought it was safe in international waters. Instead, it was sunk by a torpedo — Quiet Death. The first sinking of an enemy ship by a torpedo since World War II. Like in that war, back when we were still the War Department, we are fighting to win,’ Hegseth said.

Iranian leaders condemned the attack, with Foreign Minister Abbas Araghchi accusing the U.S. Navy of committing ‘an atrocity at sea.’ Meanwhile, Ayatollah Abdollah Javadi Amoli appeared on state television and called for the shedding of Israeli and ‘Trump’s blood.’

‘Fight the oppressive America, his blood is on my shoulders,’ he said in a rare call for violence from an ayatollah, one of the highest ranks within the clergy of Shiite Islam.

The U.S. and Israel launched the war on Saturday with strikes targeting Iran’s leadership, including the supreme leader, Ayatollah Ali Khamenei, who was killed. Iran’s missile arsenal and nuclear facilities were also hit.

The Associated Press contributed to this report.

Related Article

Israel hammers Iranian internal security command centers to open door to uprising
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I spent decades inside the Pentagon watching technology reshape warfare. I saw precision munitions change the battlefield. I watched satellites compress decision cycles. But nothing compares to what is happening now.

Artificial intelligence has moved the lab to the kill chain.

And the showdown between Secretary of War Pete Hegseth and AI firm Anthropic is not a contract dispute. It is the opening battle over who controls the most powerful military technology of the 21st century.

AI is already transforming war

Look at Ukraine.

Western officials report that drones now account for roughly 70-80% of battlefield casualties in that war. But the real revolution occurs when AI is added. Reports indicate AI-guided navigation can increase drone strike accuracy from 10–20% to as high as 70–80%.

That is not incremental change. That is a transformation in battlefield lethality.

The same dynamic is emerging in U.S. operations involving Iran and other theaters. AI tools are being used for intelligence analysis, targeting refinement, pattern recognition, and operational simulations. These systems compress time, reduce uncertainty and accelerate decisions.

AI is not theoretical. It is operational.

Which brings us to Washington.

What the Hegseth–Anthropic standoff is really about

On Feb. 27, Hegseth designated Anthropic a ‘supply chain risk to national security.’ President Donald Trump ordered federal agencies to cease using its Claude AI model after Anthropic refused to remove two guardrails:

A prohibition on fully autonomous weapons.

A prohibition on mass domestic surveillance.

Artificial intelligence has moved the lab to the kill chain.

The Pentagon argues that military commanders must be able to use AI tools for all lawful defense purposes without seeking permission from a private company in real time.

Anthropic argues that removing safeguards could enable autonomous killing systems or unconstitutional domestic spying.

Both concerns are legitimate.

But here is the deeper problem: America has outsourced strategic control of its most sensitive military algorithms to private contractors.

That is unsustainable.

Draw the right line

Let me be clear about what must not happen.

We must not expand domestic surveillance of American citizens under the banner of AI efficiency. The Fourth Amendment does not disappear in the age of algorithms.

Second, we must keep a human being in the kill chain. I served under lawful command authority. Life-and-death decisions carry moral accountability. They cannot be delegated entirely to autonomous systems.

Those are firm boundaries.

But here is the other boundary: no private corporation should hold an effective veto over how America defends itself.

Washington’s contractor addiction

For decades, the federal government has grown dependent on contractors for critical defense functions — logistics, cyber infrastructure, analytics and intelligence support. AI is simply the next frontier in that pattern.

But frontier AI models are not spare parts or uniforms. They are strategic infrastructure. They influence targeting, operational tempo and potentially deterrence modeling.

That level of sensitivity cannot remain under corporate ownership.

During World War II, the United States built the atomic bomb through the Manhattan Project under centralized national authority. It was not governed by venture-backed boards setting independent usage policies. It was directed by the U.S. government with a clear strategic mandate.

We need a similar mindset for our most sensitive AI systems.

Government must own core military algorithms. Not lease them. Not subscribe to them. Own them.

AI tools are being used for intelligence analysis, targeting refinement, pattern recognition, and operational simulations. These systems compress time, reduce uncertainty and accelerate decisions.

If AI is the new strategic high ground, America cannot subcontract the high ground.

China isn’t hesitating

As I argue in ‘The New AI Cold War,’ Beijing does not struggle with these dilemmas.

China fuses AI development directly to the state. There are no Silicon Valley executives in Beijing refusing military access. AI is treated as national infrastructure.

Russia and other nations are moving in similar directions. They are not debating internal guardrails while field-testing AI-enabled systems.

Strategic competition does not pause while we litigate contract language.

What must happen next

First, Congress must draw bright lines: no AI-enabled mass domestic surveillance of Americans without strict constitutional safeguards.

Second, codify meaningful human control over lethal force decisions.

Third — and most critically — build sovereign AI capacity inside government.

That means:

  • Government-controlled AI research for classified applications
  • Government ownership of core defense algorithms
  • Reduced reliance on private frontier labs for sensitive military systems
  • Long-term pipelines of cleared AI engineers

Anthropic argues that removing safeguards could enable autonomous killing systems or unconstitutional domestic spying.

Private industry will continue to innovate. But America’s most sensitive warfighting tools cannot remain dependent on companies whose corporate policies can override national defense requirements.

The real issue is sovereignty

The Pentagon–Anthropic feud is not about personalities. It is about sovereignty.

Who controls the algorithms that guide American force?

Who owns the code?

Who decides how it is used?

In the new AI Cold War, power will belong to those who control the models — not merely those who rent access to them.

America must protect liberty. We must reject AI-driven domestic surveillance. We must preserve human moral accountability in the use of force.

First, Congress must draw bright lines: no AI-enabled mass domestic surveillance of Americans without strict constitutional safeguards.

But we must also end the illusion that venture-backed firms can function as ultimate gatekeepers of national defense.

The AI Cold War is not hypothetical. It is unfolding on battlefields abroad and in policy fights at home.

This moment is not about one company. It is about whether the United States will treat artificial intelligence as strategic national infrastructure — or as a contractor service.

The answer will shape the next generation of warfare.

And history will not wait for us to decide.

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The highest-ranking Minnesotan in Congress is calling for a deeper investigation into allegations that leaders in his state government knowingly ignored evidence of welfare fraud, and he called for those leaders to even face incarceration if proven true.

‘People are sick and tired of elected officials having a double standard, being treated differently than they are. They’re held accountable for things that they should be held accountable for, when their elected officials are not,’ House Majority Whip Tom Emmer, R-Minn., told Fox News Digital. 

‘If these two guys are dirty, they should be held accountable, and they should serve jail time.’

He was referring to Minnesota Gov. Tim Walz and state Attorney General Keith Ellison, two of several witnesses at a high-profile hearing on fraud conducted by the House Oversight Committee on Wednesday.

Both Walz and Ellison insisted that they were serious about prosecuting fraud in the state’s social programs and that they took action to stop it once it was brought to their attention.

But Emmer cited a report by the House Oversight Committee that accused them both of knowing about the fraud earlier than previously thought and delaying public accountability for fear of political retribution from progressives in the state — particularly the Somali community in Minneapolis, who Republicans have accused of taking advantage of the state’s welfare system.

‘They might have been able to qualify it enough that it wasn’t black and white, but if they lied to the committee this morning about knowing about the fraud and when they knew about the fraud and the FBI investigation, that is a criminal act of its own,’ Emmer told Fox News Digital.

‘So I do believe, depending on this report and what else the majority staff is doing, they very well may want to call them back in and depose them under oath.’

He added at another point, ‘You have maybe 80 to 100,000 Somalis in Minnesota. Tim Walz won with 52%. They made a difference. Keith Ellison won by less than 1%. I think it was 20,000 votes. Makes a difference. So if those are connected, yeah, I mean, this is campaign fraud.’

‘I’ve taken accountability for this. I’m not going to run again. I need to spend the time fixing this,’ Walz said during the hearing. ‘This does undermine trust in government. Do I wish there were things that could have happened earlier? Yes. But in this job, ‘wish’ didn’t do it. I’m looking into where I see it.’

At another point, Walz attributed the rise in fraud statistics to an increase in prosecutions, telling Republicans, ‘When you catch people and prosecute them, it shows up as a fraud increase.’

He also dismissed accusations that he kept whistle-blowers quiet over fear of being seen as Islamophobic, ‘I can’t speak to it because it’s not anything I would say.’

Ellison, meanwhile, said he was happy to work across bipartisan lines to prosecute fraud.

‘I am here to work to improve this system, and there are improvements that can be made,’ he said. ‘If we can get out of fixing the blame and get to fixing the problem, that would be an enormous thing for me.’

But Emmer, who maintained that further investigation was needed, suggested he doubted their intentions.

‘It’s power. They want power. In order for them to get power, they need to be elected. In order for them to get elected, they have to cheat in different ways. And that is exactly what they did,’ Emmer said. ‘If the Somali community is being used by these public officials to get themselves into office…it sure does look suspect, it needs to be investigated.’

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Iran’s tyrannical and ruthless regime is disintegrating. After yet again massacring thousands of its own citizens for voicing their dreams for liberty and better governance, the Iranian regime meantime resumed pursuing nuclear capability and its aggressive ICBM program. The regime’s overconfidence in U.S. inaction cost it its leader and its core military capabilities are going up in smoke. Against this backdrop, the conflict has spread to the Gulf, threatening the Strait of Hormuz, a chokepoint for roughly one-fifth of the world’s petroleum, and forcing the rest of the world to rethink how it prices energy risk and political alignment.

This is not another regional flare-up. This is a rupture of an old equilibrium in which sanctioned oil, shadow fleets and calibrated escalation kept markets stable enough to function. That equilibrium is now breaking. A rapid political-military shift in the Middle East is unfolding alongside a restructuring of the global energy order.

When I was in Afghanistan during the surge, Tehran’s active support for the insurgency fighting the United States and Afghan forces fomented instability and amplified violence for which civilians paid the biggest price, a dynamic that so many across several nations have tragically encountered for decades. But Iran was never a contained regional problem.

While its terrorism was widely perceived as a Middle East issue, its cyber and intelligence operations spanned continents, with assassination plots that included the American president. As to global effects, Iran’s energy has always made its regime globally significant.

At this stage of the conflict, the most economically significant and immediate geography is the Strait of Hormuz which Iran is working to choke off. Roughly one-fifth of global petroleum and a substantial portion of liquefied natural gas move through that narrow corridor. As strikes intensified, vessels paused transit, insurers reassessed exposure and operators rerouted cargoes. Markets adjusted immediately. Energy security and geopolitical stability are now inseparable; maritime risk has become the pressure valve through which regional conflict spills into global consequence. 

This realignment did not begin in the Gulf this weekend. It started with U.S. actions in Venezuela. Caracas holds the world’s largest proven crude reserves — about 303 billion barrels — and even marginal normalization under a more U.S.-cooperative government alters the supply calculus for Washington and its allies.

The new U.S.–Venezuela arrangement has already generated roughly $2 billion in transactions in just weeks, pulling Venezuelan barrels back into wider circulation and altering the discount ecosystem Moscow had grown accustomed to. Stack that with a post-crisis Iran re-entering markets on different terms, and the shadow ecosystem of discounted, sanctioned crude — Russia, Iran, Venezuela — begins to fracture and reprice simultaneously.

But the most consequential energy recalibration runs through Beijing. China is essentially Iran’s oil export market. In 2025, China bought more than 80% of Iran’s shipped oil, averaging ~1.38 million barrels per day, about 13.4% of China’s seaborne crude imports—meaning Beijing is simultaneously Tehran’s economic lifeline and its strategic choke chain.

By turning a sanctioned producer into a quasi-captive supply relationship — sustained through gray-market routing, reflagging and intermediary hubs — Beijing secured discounted barrels in normal times and leverage in crisis. Any sustained disruption of Iranian flows forces China into replacement buying that tightens global markets and exposes China’s own energy security; Iran exports about 1.6 million bpd mainly to China and such disruptions pushes Beijing to pivot to alternatives.

The relationship is therefore best understood as a dependency loop: Iran needs China for revenue and sanctions relief-by-proxy; China uses Iran as a discount supplier and as a pressure valve in the sanctioned crude system — one that can be tightened or loosened depending on Beijing’s broader negotiation posture with Washington and its appetite for risk in the Gulf. That Iran-China dependency is no longer stable.  With Iranian oil flows disrupted, China faces a choice between turning to alternative suppliers at higher cost or even tapping strategic reserves. Tightening global crude markets resulting from U.S. actions in Venezuela and now Iran give Washington leverage in energy pricing.

Beyond the tanker decks, this shift underscores the larger theme of reconfiguration: resources once bundled to manage sanctions are now subject to heightened geopolitical risk, forcing China to rethink dependencies while the U.S. and its partners are positioning to shape the post-conflict energy order. Energy supply patterns will restructure global power relations. And where China is recalibrating exposure, Russia is recalculating opportunity.

The same forces reshaping China’s calculations are altering Moscow’s. As India trims Russian purchases, Moscow has been pushing more barrels into China, and Reuters reports China’s Russian crude imports hitting new records in February while Russian sellers widened discounts to keep demand — Urals trading roughly $9–$11 below Brent for China deliveries, and other Russian grades also cutting hard as sellers chase Chinese refiners.

The new U.S.–Venezuela arrangement has already generated roughly $2 billion in transactions in just weeks, pulling Venezuelan barrels back into wider circulation and altering the discount ecosystem Moscow had grown accustomed to. 

This matters because China is also the anchor buyer for sanctioned Iranian crude; the ‘discount market’ is not infinite, so Russia and Iran are now competing for the same limited pool of Chinese buyers, driving deeper concessions and leaving cargoes idling — exactly the kind of sanctions-economy dynamic.

Add the West’s tightening focus on Russia’s ‘shadow fleet’ and the risk of seizures or insurance denial, and you get an energy chessboard where coercion moves from rhetoric to logistics: who can ship, insure and clear payments reliably becomes as strategic as who can produce.

In that context, Russia’s loud warnings about Hormuz disruption are not just diplomacy, they are a reminder that Moscow profits from volatility, but also needs a functioning gray-market channel to China, and Iran’s crisis threatens to scramble the very discount ecosystem Russia has used to finance its war in Ukraine. Structural realignment threatens the very gray-market architecture on which Moscow has relied.

Energy is only one layer of a global shift. Strategic minerals remain critical. The Trump administration has increased economic and maritime pressure on Cuba, tightening an effective oil blockade that choked off fuel imports. President Donald Trump has authorized tariffs targeting countries supplying oil to Havana.

This is not simply punitive policy. It reflects a broader strategic doctrine: deny adversarial regimes energy lifelines while repositioning the Western Hemisphere’s resource base toward U.S. leverage. Oil is only one domain. Rare earth elements are a strategic asset. Cuba’s nickel and cobalt output, combined with China’s tightening grip through rare-earth export controls indicates that leverage is not just oil fields but also supply chains. America achieving rare earth elements sovereignty will remain a strategic goal and such a global realignment on this front is much needed.

By the close of the first weekend, Iran appeared intent on accelerating its own collapse by compounding strategic error with strategic error. Iran felt it wise to respond to U.S. and Israeli strikes by pushing a half dozen other nations against it. On Saturday afternoon, Feb. 28, Iran launched attacks on seven sovereign nations – Bahrain, Saudi Arabia, UAE, Kuwait, Qatar, Jordan and Israel. It added Oman shortly after.

These nations now have a legal and political basis to deepen security ties with the U.S. and Israel that they could never have justified domestically before today. Iran has arguably done more to consolidate the anti-Iran regional architecture in one afternoon than a decade of American diplomacy. Watch for accelerated Abraham Accords-adjacent normalization with Saudi Arabia in the coming weeks.

Any sustained disruption of Iranian flows forces China into replacement buying that tightens global markets and exposes China’s own energy security…

After massacring thousands of its own citizens for demanding better governance, the regime’s long-standing presumption of U.S. inaction cost the 1979 Revolution its dream of ruling over Iranians perpetually. After 47 years, its leader is gone, and its core military capabilities are being dismantled.

The lesson is not simply that the Iranian regime is falling. It is that when it falls amid energy chokepoints and great-power competition, supply chains, alliances and leverage structures shift simultaneously. Iran’s collapse is not the end of the story; it is the catalyst for a broader redistribution of power across energy, alliances, and great-power leverage. America should exploit these shifting dynamics fully. 

The views expressed here are his and do not reflect the policy or positions of the Department of Homeland Security, Homeland Security Advisory Council, U.S. Army or Department of Defense. 

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