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Perth, Australia (ABN Newswire) – Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) announced the appointment of Lieutenant General (Ret.) Mark C. Schwartz as Strategic Advisor – U.S. Government Initiatives, strengthening the Company’s engagement across U.S. defense, national security, and federal funding programs.

HIGHLIGHTS

– Lieutenant General (Ret.) Mark C. Schwartz appointed as Strategic Advisor to advance U.S. Government Initiatives

– Brings 33+ years of senior U.S. military leadership, including JSOC, SOCOM-Europe and U.S. Security Coordinator roles

– Appointment of new strategic advisor supports Locksley’s pursuit of DPA Title III, DoD, and DOE funding pathways for critical mineral onshoring

– Provides strategic guidance on integrating Locksley’s antimony supply into defence, aerospace, and prime contractor applications

– Enhances Locksley’s standing within U.S. national security circles during a period of heightened focus on reducing Chinese dependency for critical minerals

– Appointment supports Locksley’s positioning of the Desert Antimony Project as an immediate and credible U.S. supply solution

– Appointment of Lieutenant General (Ret.) Mark C. Schwartz reinforces ‘Locksley’s U.S Mine to Market’ strategy, targeting production of ingots, trisulphide, trioxide, and other downstream defence-grade products

Lieutenant General Schwartz served more than 33 years in the U.S. Army, including senior leadership roles as:

– U.S. Security Coordinator for Israel and the Palestinian Authority

– Commander, Special Operations Command – Europe

– Deputy Commanding General, Joint Special Operations Command (JSOC)

– Deputy Commander, Special Operations Joint Task Force Afghanistan

Experience Directly Aligned with U.S. Critical Minerals Priorities:

– Oversaw complex bilateral and multilateral security operations, including U.S. coordination with allied forces across the Middle East and Europe, ensuring integrated strategic planning and operational readiness

– Led major U.S. strategic assistance, force readiness, and interoperability programs, providing experience directly relevant to the United States’ efforts to secure domestic supply chains and strengthen critical minerals resilience His career has centered on advancing U.S. national security interests, joint force readiness, and strategic operations.

Experience Aligned with the Strategic Role:

As Strategic Advisor, Lieutenant General Schwartz will support Locksley’s U.S. government engagement strategy, specifically:

– Advancing Locksley’s DPA Title III and related Department of Defense and Department of Energy funding pathways;

– Supporting Locksley’s positioning within the National Defense Stockpile framework for antimony and other critical minerals;

– Providing strategic guidance on U.S. initiatives to onshore or friend-shore critical mineral supply chains;

– Supporting downstream integration of Locksley’s antimony products into defence, aerospace, and prime-contractor applications, including trisulphide, alloys, and other strategic materials.

His appointment directly complements Locksley’s progress toward establishing the United States’ first modern, integrated Mine-to-Market antimony supply chain.

Lieutenant General (Ret.) Mark C. Schwartz commented:

‘Throughout my career, my purpose has been to lead and protect U.S. national security interests across the globe. Today, one of the most significant strategic vulnerabilities facing the United States is our reliance on foreign often adversarial sources of critical minerals.

Onshoring and friend-shoring materials like antimony is essential for U.S. military readiness, industrial resilience, and protection against coercive threats, including the risk of China cutting off supply.

I look forward to working with Locksley to further articulate the importance of their antimony project, and to accelerate the immediate opportunities it presents for strengthening America’s defence and strategic materials base.’

Kerrie Matthews, Managing Director & CEO, commented:

‘Lieutenant General Schwartz brings unparalleled strategic insight into U.S defense operations and national security frameworks. His experience in operating at the highest levels of U.S. defense and government and allied commence will significantly strengthen Locksley’s engagement across defense, aerospace and strategic materials sector.

His appointment will materially strengthen our engagement across federal departments, funding agencies, and prime defence contractors at a time when the U.S. is prioritising secure domestic supply of critical minerals. This expertise will be invaluable as Locksley advances it integrated Mine to Market strategy.’

Strategic Context:

The appointment comes at a time when the United States is rapidly accelerating efforts to rebuild domestic capability in critical minerals through programs such as DPA Title III, the Industrial Base Expansion program, the National Defense Stockpile Modernization initiative, and emerging federal procurement pathways for strategic materials. These initiatives collectively represent one of the largest U.S Government commitments to critical minerals, one of the largest Lieutenant General Schwartz’s expertise will support Locksley in navigating these programs as the Company advances its ‘U.S Mine to Market’ strategy for antimony.

About Locksley Resources Limited:

Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in this highly prospective mineral region.

Mojave Project

Located in the Mojave Desert, California, the Mojave Project comprises over 250 claims across two contiguous prospect areas, namely, the North Block/Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials’ claims, highlighting the strong geological continuity and exploration potential of the project area.

In addition to rare earths, the Mojave Project hosts the historic ‘Desert Antimony Mine’, which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With significant surface sample results, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.

Locksley’s North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.

Tottenham Project

Locksley’s Australian portfolio comprises the advanced Tottenham Copper-Gold Project in New South Wales, focused on VMS-style mineralisation

Source:
Locksley Resources Limited

Contact:
Kerrie Matthews
Chief Executive Officer
Locksley Resources Limited
T: +61 8 9481 0389
Kerrie@locksleyresources.com.au

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Fortune Bay Corp. (TSXV: FOR,OTC:FTBYF) (FWB: 5QN) (OTCQB: FTBYF) (‘Fortune Bay’ or the ‘Company’) provides an update regarding recent regulatory developments in the State of Chiapas, Mexico, that may affect the Company’s Rio Negro concession (Poma Rosa Project), held through its wholly owned Mexican subsidiary, Linear Gold México, S.A. de C.V.

On November 19, 2025, the Government of the State of Chiapas published a decree establishing a state-level protected natural area known as the Zona Sujeta a Conservación Ecológica ‘Mina Banderas’, located in the Municipality of Pantepec. Based on recent review of the decree and associated mapping, a portion of the designated area overlaps with the Company’s Río Negro concession, which remains valid and in good standing under federal Mexican mining law. The overlapping area covers approximately 11% of the Rio Negro concession and includes a portion of the Campamento gold-silver deposit and other nearby exploration target areas.

The Company was recently made aware of the protected natural area and the potential implications to the Rio Negro concession, and in response has filed an amparo (constitutional challenge) before the appropriate federal court in Mexico. The amparo challenges the application of the Mina Banderas decree to the Río Negro concession on procedural and constitutional grounds, including matters relating to due process, consultation, and the interaction between state environmental measures and federally granted mining rights. The purpose of the amparo is to preserve the Company’s rights under its existing concession while the matter is reviewed by the court.

During 2025 the Company has made significant progress in advancing stakeholder engagement and support for the Poma Rosa Project, including substantive discussion and negotiation with local landowners regarding exploration agreements that would support the resumption of field-based exploration activities. Engagement to date has been conducted in a respectful and transparent manner and in compliance with applicable laws. As of the date of this release, the Company does not expect any immediate operational or financial impact beyond potential timing uncertainty.

Fortune Bay is working closely with Mexican legal counsel to assess the scope and implications of the decree and the amparo process. The Company will continue to monitor developments and will provide further updates as appropriate.

About Fortune Bay

Fortune Bay Corp. (TSXV:FOR,OTC:FTBYF; FWB:5QN; OTCQB:FTBYF) is a Canadian mineral exploration and development company with assets in Canada and Mexico. The Company’s primary focus is advancing the Goldfields Gold Project in Saskatchewan, Canada. Fortune Bay also holds the Poma Rosa Gold-Copper Project in Chiapas, Mexico, as well as an optioned uranium project portfolio in the Athabasca Basin of Saskatchewan. Fortune Bay continues to evaluate and advance its portfolio in a disciplined manner while maintaining a strong technical foundation and prudent capital management. For more information, please visit www.fortunebaycorp.com or contact info@fortunebaycorp.com.

On behalf of Fortune Bay Corp.

‘Dale Verran’
Chief Executive Officer
902-334-1919

Cautionary Statement

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. Words such as ‘expects’, ‘aims’, ‘anticipates’, ‘targets’, ‘goals’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, ‘seeks’, ‘estimates’, ‘continues’, ‘may’, variations of such words, and similar expressions and references to future periods, are intended to identify such forward-looking statements, and include, but are not limited to, statements with respect to: the results of the Updated PEA, including future Project opportunities, future operating and capital costs, closure costs, AISC, the projected NPV, IRR, timelines, permit timelines, and the ability to obtain the requisite permits, economics and associated returns of the Project, the technical viability of the Project, the market and future price of and demand for gold, the environmental impact of the Project, and the ongoing ability to work cooperatively with stakeholders, including Indigenous Nations, local Municipalities and local levels of government. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward- looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate Indigenous Nations and local Municipalities, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company 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 Company 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. For more information on Fortune Bay, readers should refer to Fortune Bay’s website at www.fortunebaycorp.com.

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

SOURCE Fortune Bay Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2025/15/c5439.html

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Capital raise supports upcoming drill program targeting newly identified uranium system along Namibia’s premier uranium corridor

ReeXploration Inc. (TSXV: REE) (FSE: K2I0) (‘ReeXploration’ or the ‘Company’) is pleased to announce a private placement for aggregate gross process of up to $1,000,000 (the ‘Financing’) to support the next phase of exploration at its Eureka Project located in Namibia’s Erongo Mining District, the country’s premier uranium corridor. Proceeds from the financing will be used primarily to fund a drill program designed to test a newly identified and highly-prospective uranium target in early 2026, along with general working capital.

As disclosed in the Company’s press releases dated December 12, 2025, and November 12, 2025, the Company identified a new large scale uranium target immediately southwest of the Eureka Dome. The discovery is on trend to major uranium deposits like Rössing, Husab, Etango, Omaholo, and Norasa in an area host to one of the world’s most prolific uranium belts.

The Financing will comprise of up to 9,090,910 shares of the Company (each, a ‘Share‘) at $0.11 per Share. To facilitate the Financing, the Company has entered into an agreement with Numus Capital Corp., a registered Exempt Market Dealer, to act as agent for the Financing. The Company has agreed to pay to the agent a cash fee equal to 7% of proceeds raised and to issue compensation warrants entitling the agent to purchase that number of Shares as is equal to 7% of the Shares from investors introduced by the agent, except on subscriptions received from directors, officers, and employees of the Company and their affiliates and associates. Each compensation warrant will be exercisable into a Share of the Company at $0.11 per share for a period of 24 months from closing.

Completion of the Financing is subject to the satisfaction of certain conditions, including the approval of the TSX Venture Exchange, and all securities issued pursuant to the Financing will be subject to a four-month and one day hold period.

The engagement of Numus Capital Corp. and the Financing may constitute Related Party Transactions under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (‘MI-61-101’). The Company is relying upon an exemption for shareholder approval required under section 5.7(1)(a) of MI 61-101 on the basis that any related party elements of such transactions would not exceed 25% of market capitalization of the Company.

About ReeXploration Inc.

ReeXploration (TSXV: REE) (FSE: K2I0) is a Canadian exploration company positioned to help meet surging global demand for secure, responsible supplies of critical minerals essential to the clean energy transition, advanced technologies and national defense. The Company’s flagship Eureka Project in central Namibia pairs a technically proven rare earth foundation – supported by the production of a clean, Western-standard monazite concentrate – with a newly defined, high-priority uranium target located within one of the world’s most established uranium corridors. Together, these commodities provide multi-path discovery potential aligned with accelerating global efforts to diversify critical mineral and nuclear fuel supply. Supported by a Namibia-based technical team and guided by global critical minerals experts, ReeXploration is advancing a disciplined, discovery-led strategy, building a credible, ESG-aligned platform positioned to benefit from the global race to diversify and secure responsible supply chains.

Caution Regarding Forward-Looking Information

This press release may contain forward-looking information. This information is based on current expectations and assumptions (including assumptions relating to general economic and market conditions) that are subject to significant risks and uncertainties that are difficult to predict. Actual results may differ materially from results suggested in any forward-looking information. ReeXploration does not assume any obligation to update forward-looking information in this release, or to update the reasons why actual results could differ from those reflected in the forward-looking information unless and until required by securities laws applicable to ReeXploration. Additional information identifying risks and uncertainties is contained in the filings made by ReeXploration with Canadian securities regulators, which filings are available at www.sedarplus.ca.

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

Further details are available on the Corporation’s website at www.rareearthexploration.com or contact Christopher Drysdale, Interim CEO of ReeXploration Inc., at +1 902-334-1949, contact@rareearthexploration.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278004

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The State Department is so far refusing to comment on a growing corruption crisis engulfing the Balkan nation of Albania, a vital U.S. ally in the region. 

Following an Albanian court’s decision to remove Deputy Prime Minister Belinda Balluku from her position on allegations she interfered in two construction bids, socialist Prime Minister Edi Rama took the issue to the country’s Constitutional Court, which on Friday reinstated Balluku until a ‘final decision’ could be made, according to media reports.

The Special Anti-Corruption and Organized Crime Structure (SPAK) issued a criminal indictment against Balluku on Oct. 31, alleging she had been improperly influenced in her decision to favor one company in a tender for the construction of a 3.7-mile tunnel in southern Albania, Reuters reported. SPAK delivered an additional charge for violating rules in a Tirana road construction project on Nov. 21, the date when Balluku was removed from office.

The day before her November court appearance, Balluku told the country’s parliament the accusations against her amounted to ‘mudslinging, insinuations, half-truths and lies.’

As the second member of Rama’s cabinet to face corruption accusations since 2023, her charges have drawn the ire of Rama opponents.

Agim Nesho, former Albanian ambassador to the U.S. and the United Nations, told Fox News Digital that Balluku’s case demonstrates ‘the Rama government shows no sign of assuming moral responsibility or allowing justice the space to act independently. Instead, it appears intent on shielding Ms. Balluku, portraying the judiciary’s actions as an attack on the executive.’

Tirana’s ex-ambassador to Washington argued that ‘influencing the Constitutional Court may be an attempt to set a protective precedent — one that could prove useful if investigators ever seek to involve Mr. Rama himself in their investigations.’

‘It’s becoming increasingly clear that the emperor has no clothes,’ Nesho said, adding that Rama’s rule has amounted to ‘state capture’ as the ‘lack of checks and balances has enabled a recurring system of corruption across multiple of his terms.’

Nesho also claimed that Balluku had pointed to broader involvement of the Rama government in decision-making. Former Deputy Prime Minister Arben Ahmetaj, allegedly on the run after coming under SPAK investigation, has likewise alleged that Rama ‘directed all key decisions on tenders, finances and public assets,’ according to Nesho’s claims.

Ahmetaj’s accusations included allegations that Rama is involved with mafia bosses. Rama responded to these insinuations by saying Ahmetaj ‘should not be taken seriously. Albanian politics is not tainted by the mafia,’ Balkanweb reported.

The U.S. has funded efforts for judicial reforms in Albania to aid its efforts toward accession into the European Union by cutting down on corruption. However, those reforms have led to legal backlogs that have drawn frustration and violence from the public.

Nesho said ‘it is hard to see how a government that behaves like a banana republic gains accession to the EU.’ He said, ‘Albania is a living contradiction in terms of law and order.’ 

While Nesho says Rama’s opposition has been ‘decimated by ‘lawfare’ and the compromising of legal institutions,’ Rama remains in office despite ‘documented multibillion-dollar corruption scandals, documented electoral thefts across multiple voting cycles, and, most concerning, documented links to international drug cartels like the Sinaloa Cartel.’

Allegations that Rama is linked to the Sinaloa Cartel emerged after the prime minister met with Sinaloa-connected Luftar Hysa, who is sanctioned by the U.S. Department of Treasury. Rama told an Albanian news outlet he met with Hysa just once.

With Balluku’s removal, Nesho says ‘public anger is directed not only at [her] but also at the irresponsible conduct of a regime that rules without accountability, abuses public property and finances, and faces no consequences despite society’s reaction.’ 

Nesho said many in the country have given the prime minister the nickname ‘Ramaduro,’ saying it’s ‘a direct comparison to the Venezuelan dictator Nicolás Maduro.’

Rama’s press office told Fox News Digital it declined to comment on Nesho’s allegations against him.

In May 2021, the State Department sanctioned former Prime Minister Sali Berisha over corruption allegations, which forbade him from traveling to the U.S. Fox News Digital asked the State Department whether it had plans to issue similar sanctions against Balluku.

A State Department spokesperson told Fox News Digital, ‘We have no comment on ongoing legal matters.’

The U.S. Embassy in Tirana issued the same response to Fox News Digital when asked whether it would suspend Balluku’s visa as a result of her removal from office.

This post appeared first on FOX NEWS

The State Department is so far refusing to comment on a growing corruption crisis engulfing the Balkan nation of Albania — a vital U.S. ally in the region. 

Following an Albanian court’s decision to remove Deputy Prime Minister Belinda Balluku from her position on allegations she interfered in two construction bids, socialist Prime Minister Edi Rama took the issue to the country’s Constitutional Court, which on Friday reinstated her until a ‘final decision’ could be made, according to media reports.

The Special Anti-Corruption and Organized Crime Structure (SPAK) issued a criminal indictment against Balluku on Oct. 31, alleging that she had been improperly influenced in her decision to favor one company in a tender for the construction of a 3.7-mile tunnel in southern Albania, Reuters reported. SPAK delivered an additional charge for violating rules in a Tirana road construction project on Nov. 21, the date when Balluku was removed from office.

The day prior to her November court appearance, Balluku told the country’s parliament that the accusations against her constituted ‘mudslinging, insinuations, half-truths and lies.’

As the second member of Rama’s cabinet to face corruption accusations since 2023, her charges have drawn the ire of Rama opponents.

Agim Nesho, former Albanian ambassador to the U.S. and the United Nations, told Fox News Digital that Balluku’s case demonstrates ‘the Rama government shows no sign of assuming moral responsibility or allowing justice the space to act independently. Instead, it appears intent on shielding Ms. Balluku, portraying the judiciary’s actions as an attack on the executive.’

Tirana’s ex-ambassador to Washington argued that ‘influencing the Constitutional Court may be an attempt to set a protective precedent — one that could prove useful if investigators ever seek to involve Mr. Rama himself in their investigations.’

‘It’s becoming increasingly clear that the emperor has no clothes, Nesho said, adding that Rama’s rule has amounted to ‘state capture’ as the ‘lack of checks and balances has enabled a recurring system of corruption across multiple of his terms.’

Nesho also claimed that Balluku had pointed to broader involvement of the Rama government in decision-making. Former Deputy Prime Minister Arben Ahmetaj, who went on the run after coming under SPAK investigation, has likewise alleged that Rama ‘directed all key decisions on tenders, finances, and public assets,’ according to Nesho’s claims.

Ahmetaj’s accusations included allegations that Rama is involved with mafia bosses. Rama responded to these insinuations by saying Ahmetaj ‘should not be taken seriously. Albanian politics is not tainted by the mafia,’ Balkanweb reported.

The U.S. has funded efforts for judicial reforms in Albania to aid its efforts toward accession into the European Union by cutting down on corruption. However, those reforms have led to legal backlogs that have drawn frustration and violence from the public.

Nesho said that ‘it is hard to see how a government that behaves like a banana republic gains accession to the E.U.’ He said that ‘Albania is a living contradiction in terms of law and order.’ While Nesho says Rama’s opposition has been ‘decimated by ‘lawfare’ and the compromising of legal institutions,’ Rama remains in office despite ‘documented multi-billion-dollar corruption scandals, documented electoral thefts across multiple voting cycles, and, most concerning, documented links to international drug cartels like the Sinaloa Cartel.’

Allegations that Rama is linked to the Sinaloa Cartel emerged after the prime minister met with Sinaloa-connected Luftar Hysa, who is sanctioned by the U.S. Department of Treasury. Rama told an Albanian news outlet that he met with Hysa just once.

With Balluku’s removal, Nesho says that ‘public anger is directed not only at [her] but also at the irresponsible conduct of a regime that rules without accountability, abuses public property and finances, and faces no consequences despite society’s reaction.’ Nesho said many in the country have given the prime minister the nickname ‘Ramaduro,’ saying it’s ‘a direct comparison to the Venezuelan dictator Nicolás Maduro.’

Rama’s press office told Fox News Digital that it declined to comment on Nesho’s allegations against him.

In May 2021, the State Department sanctioned former Prime Minister Sali Berisha over corruption allegations, which forbade him from traveling to the U.S. Fox News Digital asked the State Department whether it had plans to issue similar sanctions against Balluku.

A State Department spokesperson told Fox News Digital, ‘We have no comment on ongoing legal matters.’

The U.S. Embassy in Tirana issued the same response to Fox News Digital when asked whether it would suspend Balluku’s visa as a result of her removal from office.

This post appeared first on FOX NEWS

The Trump administration’s latest offensive move against Venezuela, the seizure of a tanker carrying U.S.-sanctioned oil, has triggered predictable outrage from Venezuelan President Nicolás Maduro’s government. 

But behind the rhetorical fire, analysts say the regime has few practical ways to hit back without doing even more damage to itself.

Experts say that Maduro could target U.S. oil interests in Venezuela, but doing so would almost certainly inflict more pain on his own cash-starved regime than on the United States.

Maduro could also halt U.S.-chartered deportation flights, but again, would be harming his own interests, experts say. 

‘Venezuelans are just leaving the country because of the terrible conditions the regime has created,’ said Connor Pfeiffer, a Western Hemisphere analyst at FDD Action. ‘By having people come back, even if they’re on U.S. charter deportation flights, it kind of counters that narrative.’

Western oil firms have significantly decreased their presence in Venezuela, home to world’s largest proven oil reserves, in recent years due to sanctions. 

But U.S.-owned Chevron does still maintain a license to operate there, on the condition that the Maduro regime does not financially benefit from its operations. Instead, Chevron hands over to Maduro half of its oil production as payment, according to multiple reports.

‘Chevron’s operations in Venezuela continue in full compliance with laws and regulations applicable to its business, as well as the sanctions frameworks provided for by the U.S. government,’ a Chevron spokesperson told Fox News Digital.  

Imports of Venezuelan crude have declined to roughly 130,000 barrels per day (bpd) to 150,000 bpd in recent months, below the nearly 300,000 bpd seen under the prior petroleum licensing regime under the Biden administration. Most of Venezuela’s exports are now routed to Asia, with the bulk ultimately landing in China through intermediaries, according to data from Kplr. 

Despite that flow of crude, analysts say the idea of Caracas striking back at Chevron is more potent as a talking point than as a viable policy option.

Shutting down or seizing the company’s operations would instantly cut off one of the few lifelines still feeding Venezuela’s collapsing oil sector. It also would risk triggering a swift and politically difficult American response, including a full reinstatement of the sanctions relief the regime has quietly relied on.

Pfeiffer noted that the Maduro government has been ‘very supportive of Chevron continuing to operate’ because the arrangement provides tens of thousands of barrels a day of oil with minimal investment from Venezuelan-owned Petróleos de Venezuela, S.A. Other analysts say that reality sharply limits Maduro’s room to maneuver: any attack on Chevron would strike at his own revenue stream first.

Another theoretical lever — military or maritime escalation — is widely viewed as even less credible. Venezuela has taken delivery of small Iranian-built fast attack craft equipped with anti-ship missiles, a fact that has fueled speculation Maduro could threaten U.S. or allied vessels.

But Venezuela’s navy suffers from years of maintenance failures and lacks the ability to sustain operations against American forces deployed in the Caribbean. Any aggressive move at sea would almost certainly invite a U.S. military response the regime is in no position to absorb.

Diplomatically, Caracas could suspend remaining channels with Washington, or file legal challenges in U.S. courts or international forums. Yet previous efforts to contest sanctions-related seizures have gone nowhere, and Venezuela’s relationships in the hemisphere offer limited leverage. 

Regional bodies have little sway over U.S. sanctions law, and even supportive governments in Russia, China, or Iran are unlikely to intervene beyond issuing critical statements. Beijing, now the primary destination for Venezuelan crude, has economic interests at stake but few practical avenues to challenge U.S. enforcement actions.

Absent direct military strikes, cracking down on sanctioned oil exports is one of the most potent ways the U.S. can weaken the regime, according to Pfeiffer. 

‘This is one of his main sources of revenue keeping the regime afloat.’

This post appeared first on FOX NEWS

The Trump administration’s latest offensive move against Venezuela, the seizure of a tanker carrying U.S.-sanctioned oil, has triggered predictable outrage from Venezuelan President Nicolás Maduro’s government. 

But behind the rhetorical fire, analysts say the regime has few practical ways to hit back without doing even more damage to itself.

Experts say that Maduro could target U.S. oil interests in Venezuela, but doing so would almost certainly inflict more pain on his own cash-starved regime than on the United States.

Maduro could also halt U.S.-chartered deportation flights but again would be harming his own interests, experts say. 

‘Venezuelans are just leaving the country because of the terrible conditions the regime has created,’ said Connor Pfeiffer, a Western Hemisphere analyst at FDD Action. ‘By having people come back, even if they’re on U.S. charter deportation flights, it kind of counters that narrative.’

Western oil firms have significantly decreased their presence in Venezuela, home to world’s largest proven oil reserves, in recent years due to sanctions. 

But U.S.-owned Chevron does still maintain a license to operate there, on the condition that the Maduro regime does not financially benefit from its operations. Instead, Chevron hands over to Maduro half of its oil production as payment, according to multiple reports.

‘Chevron’s operations in Venezuela continue in full compliance with laws and regulations applicable to its business, as well as the sanctions frameworks provided for by the U.S. government,’ a Chevron spokesperson told Fox News Digital.  

Imports of Venezuelan crude have declined to roughly 130,000 barrels per day (bpd) to 150,000 bpd in recent months, below the nearly 300,000 bpd imported under the prior petroleum licensing regime under the Biden administration. Most of Venezuela’s exports are now routed to Asia, with the bulk landing in China through intermediaries, according to data from Kpler. 

Despite that flow of crude, analysts say the idea of Caracas striking back at Chevron is more potent as a talking point than as a viable policy option.

Shutting down or seizing the company’s operations would instantly cut off one of the few lifelines still feeding Venezuela’s collapsing oil sector. It also would risk triggering a swift and politically difficult American response, including a full reinstatement of the sanctions relief the regime has quietly relied on.

Pfeiffer noted that the Maduro government has been ‘very supportive of Chevron continuing to operate’ because the arrangement provides tens of thousands of barrels a day of oil with minimal investment from Venezuelan-owned Petróleos de Venezuela, S.A. Other analysts say that reality sharply limits Maduro’s room to maneuver, and that any attack on Chevron would strike at his own revenue stream first.

Another theoretical lever — military or maritime escalation — is widely viewed as even less credible. Venezuela has taken delivery of small Iranian-built fast attack craft equipped with anti-ship missiles, a fact that has fueled speculation Maduro could threaten U.S. or allied vessels.

But Venezuela’s navy suffers from years of maintenance failures and lacks the ability to sustain operations against American forces deployed in the Caribbean. Any aggressive move at sea would almost certainly invite a U.S. military response the regime is in no position to absorb.

Diplomatically, Caracas could suspend remaining channels with Washington or file legal challenges in U.S. courts or international forums. Yet previous efforts to contest sanctions-related seizures have gone nowhere, and Venezuela’s relationships in the hemisphere offer limited leverage. 

Regional bodies have little sway over U.S. sanctions law, and even supportive governments in Russia, China or Iran are unlikely to intervene beyond issuing critical statements. Beijing, now the primary destination for Venezuelan crude, has economic interests at stake but few practical avenues to challenge U.S. enforcement actions.

Absent direct military strikes, cracking down on sanctioned oil exports is one of the most potent ways the U.S. can weaken the regime, according to Pfeiffer. 

‘This is one of his main sources of revenue keeping the regime afloat,’ he said. 

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There is still a desire to solve the looming healthcare cliff after dueling votes in the Senate on partisan Obamacare fixes crashed and burned Thursday, but both sides of the aisle are still miles from finding a middle ground.

The enhanced Obamacare subsidies are set to expire by the end of the year, and Congress is gearing up to leave Washington, D.C., at the end of next week until the new year. There are several options on the table, including numerous Senate Republican proposals or just moving ahead with a short-term extension of the subsidies.

But lawmakers have to land on what exactly they want to do, and what could pass the 60-vote filibuster threshold, first.

‘I think the question is, ‘Do the Democrats, after they got their messaging vote done, actually want to engage in a real conversation about this?’’ Senate Majority Leader John Thune, R-S.D., said. ‘Because it didn’t seem like they had a real high level of interest in reforms, but there are some who do. I don’t know if there are enough, but I think we’re going to get a sense of that here very soon.’

Thune echoed what many Republicans in the upper chamber believed: Senate Democrats’ three-year extension of the subsidies was never meant to succeed, but only served as a political messaging exercise.

Still, four Senate Republicans crossed the aisle to vote for Democrats’ plan. Sen. Lisa Murkowski, R-Alaska, argued that she voted for both proposals not because both were exactly what she wanted, but because she wanted to get the ball rolling toward a solution.

‘Sometimes around the Senate, we have to demonstrate what we can’t do first before we can get to what we need to do,’ she said. ‘Today was the first step in that process of demonstrating what we can’t do now. Let’s get on with it and fix it.’

Conversely, the GOP’s first attempt wasn’t going to pass muster with Senate Democrats, either. Some in the upper chamber are mulling a short-term extension to the subsidies, be it six months to a year, but that idea doesn’t tackle the several reforms Senate Republicans have demanded for their support.

‘Discussions will continue,’ Senate Majority Whip John Barrasso, R-Wyo., told Fox News Digital. ‘Both parties are going to find a solution to actually lower the cost of care and put patients in charge and get rid of the waste and the fraud and the abuse and the corruption that has run rampant in Obamacare.’

Whatever happens next will likely be the product of rank-and-file negotiations, not top-level decisions between Thune and Senate Minority Leader Chuck Schumer, D-N.Y.

But there is a growing sense that President Donald Trump should get more involved and dictate exactly what he wants to be done. Trump previously signaled that he wants to move ahead with health savings accounts (HSAs) but in recent weeks has largely stayed an arms’ length away from the Obamacare turmoil in the Senate.

When asked how lawmakers get out of the healthcare jam, Sen. Chris Murphy, D-Conn., told Fox News Digital, ‘We don’t.’

‘Not until Donald Trump decides we get out of it,’ Murphy said. ‘He’s the President of the United States, his party controls the House and the Senate, so the only way we save people from healthcare disasters for Donald Trump, the leader of the Republican Party, is to decide to fix this.’

Republicans still have several options on the table, including a plan from Sen. Roger Marshall, R-Kan., that marries an extension of the subsidies with HSAs and reforms, and a plan from Sens. Susan Collins, R-Maine, and Bernie Moreno, R-Ohio, that would extend the credits for two years, among others.

There’s also the possibility that the healthcare fight continues on into the next year and goes through the partisan budget reconciliation process, which Republicans used earlier this year to ram through Trump’s agenda.

While that’s an option, many in the upper chamber acknowledge that the best way forward is working with the other side of the aisle.

‘I would rather do it on a bipartisan basis, because that’s the way that Congress is supposed to work,’ Sen. Bill Cassidy, R-La., told Fox News Digital. ‘But if Democrats are intent upon sticking people with either higher premiums and/or $6,000 deductible, we got to do something. So it’s not good for the American people.’

While there are lawmakers who hope the failed votes were the springboard forward, and not a dead end, toward tackling the Obamacare issue, Schumer signaled that it was Republicans’ fault that the subsidies would likely expire.

‘This is their crisis now, and they’re going to have to answer for it,’ he said.

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Republican John Nagel, who is running against Dem. Rep. Ilhan Omar in her Minneapolis district, spoke to Fox News Digital about the responsibility she holds in the unfolding massive fraud scandal that has garnered national headlines.

‘Where did this actually start?’ Nagel told Fox News Digital. ‘She passed legislation. Her legislation actually started and it allowed people to get into Feeding Our Future. If you look at where the fraud is, it’s primarily her [5th Congressional District], the district that I’m running in against her. And it’s really odd to think that you know all the fraud just happened in a particular area, and it was a bill that she, you know, particularly put together.’

Nagel is referring to allegations that the free meals at the center of the massive fraud scandal were made possible by the 2020 MEALS Act, introduced by Omar and passed with bipartisan support. He told Fox News Digital the public deserves to know who helped her craft that legislation.

Members of Omar’s inner circle personally profited from the $1 billion welfare fraud scandal in her district that has placed her Somali constituency under a White House microscope, Nagel said. He also said that Omar held events at one of the restaurants, Safari Land, which was named in the fraud case, knew one of its now-convicted owners and had a staffer who was also convicted.

‘If you look at the Safari Land restaurant, if you’re gonna be in politics, you need to go through the people at the Safari Land restaurant,’ Nagel said. ‘They kind of control the politics. She had all of her fundraising things. I mean, that was sort of her hangout. That’s where she spent money, got donations.’

Guhaad Hashi Said, sometimes referred to as an ‘enforcer’ for Omar’s campaign, is one of the over 70 people who have been indicted for his role in the Feeding Our Future scandal. Nagel told Fox News Digital the public deserves answers on that relationship and what Omar knew about the fraud.

‘There’s a lot of really deep, deep ties,’ Nagel said.

‘I think time will tell with the investigation. But again, there’s just too much circumstantial evidence to look at this and say, she had to have known something, or what staff member knew something?’

The Small Business Administration is investigating a network of Somali groups in Minnesota that it says is tied to the scandal, and a House Oversight Committee has opened an investigation into Minnesota Gov. Tim Walz’s role.

President Donald Trump last week criticized Omar and blamed the Somali community for the scope of fraud occurring in Minnesota. 

Nagel also asserted that there was a money trail potentially funneled to Omar from her associates tied to the Feeding Our Future fraud scandal, and he said that she has returned some of the money but not all of it.

‘A whole lot of people that were convicted donated a whole lot of money. Omar says that she gave the money back,’ Nagel said. ‘Well, if you go into public records, she gave some money back, but there’s a whole lot more money there that she didn’t report. And I think if people were just to go through the everyday records that are out there, you’ll find out that her involvement in the money that she has is questionable.’

Nagel told Fox News Digital, ‘If she truly cared about the fraud, her name wouldn’t be attached all over to these other people. She came on and she made a statement about how terrible it is to basically steal food from children. Yeah, okay, that’s a really nice thing to say, but you have way too many people that you’re associated with that actually did that. Now she yells racism anytime somebody puts any pressure on her.’

Fox News Digital asked Nagel what can be done to fix the fraud issues. He said, first and foremost, Minnesota must elect a new governor.

‘The things that we can do to fix this is you get yourself a new competent, honest governor, you get yourself a new honest, competent AG,’ Nagel said. ‘We get rid of Ilhan Omar, and we put people in the state of Minnesota that actually want to do the right thing. They’re not in it for the money, they’re in it because they’re great state employees and they’re serving the public. That’s what we’re gonna have to do. You’re gonna have to entirely root the Democratic Party, and then anybody that’s been appointed to a position, we’re gonna have to root them out too, to find out if you know they’ve been letting things slide.’

Nagel described the fraud situation in Minnesota as a ‘cancer’ that will continue to ‘spread’ unless ‘you cut the entire cancer out.’

Fox News Digital reached out to Omar’s office for comment. 

‘I think what happened is that, you know, when you have these kind of new programs that are, um, designed to help people, you’re oftentimes relying on third parties to be able to facilitate. And I just think that a lot of the COVID programs that were set up — they were set up so quickly that a lot of the guardrails did not get created,’ Omar said last week.

Fox News Digital’s Louis Casiano contributed to this report.

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Partisan fights played out publicly in high-profile votes in the Senate this week, but lawmakers are quietly finding common ground in their support of a push to have the unedited footage of Caribbean boat strikes released.

Tucked into the annual National Defense Authorization Act (NDAA) is a provision that would require the Pentagon to release the full, unedited footage of boat strikes carried out in the Caribbean in exchange for Secretary of War Pete Hegseth’s travel budget to be fully funded.

The Trump administration has come under scrutiny on Capitol Hill for repeated strikes on alleged drug boats from Venezuela over the last several months, which came to a head last week in the wake of the deadly Sept. 2 double-strike on an alleged drug boat in the Caribbean Sea.

‘I think we need to see all of the video footage, particularly of the second strike from Sept. 2,’ Sen. Rand Paul, R-Ky., told Fox News Digital.

Lawmakers in the upper chamber don’t know who slipped the provision into the colossal legislative package, including Senate Armed Services Committee Chair Roger Wicker, R-Miss., who told reporters, ‘I would imagine that it got added at the leadership level.’

The massive legislative package sailed through the House on Thursday and is set for a series of procedural tests in the Senate beginning on Monday. And many lawmakers broadly support the release of the footage, particularly of the double-tap strike, to Congress.

Sen. Mike Rounds, R-S.D., who is a member of the Senate Armed Services Committee, told Fox News Digital that his committee, and ‘maybe the [Senate] Intel Committee,’ should have complete access to the unedited footage.

‘And then, based upon that, we can decide whether or not we would push further,’ Rounds said. ‘But let us look at the facts first.’

Sen. Tim Kaine, D-Va., who also sits on the Armed Services Committee, told Fox News Digital that he fully supported the provision and noted that Hegseth and the Pentagon had already released partial footage, treating it like ‘almost a commercial.’

‘So you released part of the video, and you’re banging your chest about it,’ Kaine said. ‘You should release the whole thing.’

Sen. Angus King, I-Maine, agreed and told Fox News Digital that it shouldn’t be a roadblock to passage of the broader defense package, either.

‘There’s no excuse for not releasing it. It shouldn’t. If somebody is not releasing something, it usually tells me that they don’t want it to see the light of day,’ he said. ‘I just want the video of the rest of the strike. That’s not me. It’s the American people who need to see this. They need to know what’s being done in their name.’

During the week, the so-called ‘Gang of Eight,’ which includes Republican and Democratic leadership from the Senate and House along with the chairs and ranking members of the intelligence committees in both chambers, met with Hegseth and Secretary of State Marco Rubio for a briefing on the strikes.

Neither Thune nor Senate Intel Committee Chair Tom Cotton, R-Ark., commented on the briefing, but Senate Minority Leader Chuck Schumer, D-N.Y., characterized it as ‘very unsatisfying.’

‘I asked Secretary Hegseth, Secretary of Defense Hegseth, would he let every member of Congress see unedited videos of the Sept. 2 strike? His answer, ‘We have to study it well,’’ Schumer said. ‘In my view, they’ve studied it long enough. Congress ought to be able to see it.’

Some Republicans support more transparency on the matter, too, including Sen. Steve Daines, R-Mont., who told Fox News Digital that he didn’t ‘have any problem’ releasing the footage.

But he emphasized that the entire point of the strikes was to combat the flow of drugs into the country.

‘We’re losing sight of the most important narrative, and that is, more Americans have died of illegal drugs in the last seven years than World War I, World War II and Vietnam combined,’ Daines said.

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